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vampirchik
1 month ago
6

Doug grew up on a large farm in southwest Wisconsin. As a college graduation gift, Doug’s father gave him several hundred acres

of land to raise organic soybeans, grain, and corn. Doug works the fields by himself, negotiates deals with buyers, repairs equipment, and handles all the accounting and financial issues for the business, which is called The Natural Element.
Computers and Technology
1 answer:
zubka84 [1K]1 month ago
5 0
Answer: Sole Proprietorship. This question seeks to identify the business type mentioned in the scenario. In a Sole Proprietorship, the owner effectively is the business, managing all elements from operations to finance. Typically, this is the initial business form in entrepreneurship. The description fits Doug well; he operates the farming business independently, taking care of all its functions. Thus, it qualifies as a sole proprietorship.
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