Q. 2 B4.7( 6 Votes )

Answer the following questions in one or two sentences each:

How do sole trading concerns help the consumers?

Answer :

Sole trading concerns is one of the oldest and simplest form of business organizations, it is owned and managed by a single person who not only enjoys the profits but also shoulders the losses faced by the business. These businesses are directly in contact with the consumers enabling them to better understand the supply and demand patterns.

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