Question

Ashley prefers to work alone and enjoys the prestige and feeling of accomplishment that comes with owning a hair salon: True/ False Which type of business organization does this describe?

Answer 1

Ashley's preference for working alone and enjoying the prestige and feeling of accomplishment that comes with owning a hair salon describes a sole proprietorship.

Step-by-step explanation:

The type of business organization that Ashley's preference for working alone and enjoying the prestige and feeling of accomplishment that comes with owning a hair salon describes is a sole proprietorship. A sole proprietorship is a business that is owned and operated by one person, who is responsible for all debts and liabilities of the business and enjoys all the profits generated by the business. Being a sole proprietor allows Ashley to have complete control over her hair salon, make business decisions without consulting others, and keep all the income the business generates.