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单词 sole proprietor
释义 sole proprietor

A person running a business, without partners or incorporation. The advantage of sole proprietorship is unity of control, as the owner and management are the same. The drawback of sole proprietorship is that in many industries economies of scale are such that the minimum efficient scale of a business is well beyond the capacity of individuals to provide sufficient capital.

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更新时间:2025/3/10 6:53:32