A small grocery store buys its produce from a local farm that operates as a sole proprietorship. Which of the following might be a concern to the grocery store management?(1 point)
Responses
As a sole proprietorship, the farm will likely go bankrupt.
As a sole proprietorship, the farm will likely go bankrupt.
The complex nature of a sole proprietorship increases the likelihood that a shipment of produce will be late.
The complex nature of a sole proprietorship increases the likelihood that a shipment of produce will be late.
The quality of the produce is likely to be lower than the produce of competing firms with different business structures.
The quality of the produce is likely to be lower than the produce of competing firms with different business structures.
The supply of produce could suddenly cease with the death or incapacitation of the farm owner.
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The concern for the grocery store management would be:
The supply of produce could suddenly cease with the death or incapacitation of the farm owner.
This concern arises because a sole proprietorship is closely tied to the individual owner, and if something were to happen to that owner, it could directly impact the business's ability to continue operations and supply produce to the grocery store.
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