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What is a sole proprietorship? What drawbacks should be considered?

Management
Discuss the issues that entrepreneurs should consider when evaluating different forms of ownership.
Describe the advantages and disadvantages of the sole proprietorship, partnerships, and corporations.
Describe the features of the S corporation and the limited liability company.
Discuss the alternative options for corporate forms, both for-profit and non-profit, available to social entrepreneurs.
Action Required:
Watch the short video at the following link
https://www.youtube.com/watch?v=0k8ljlnBAQIT News) – YouTube
Test your Knowledge (Question):
What is a sole proprietorship? What drawbacks should be considered?
Instructions
Answer the question available in the “Test your Knowledge” section.
Post your answer in the discussion board using the discussion link below
Business
Week 2 Case Study – Case 3.2 India is Sending Jobs Abroad
Case Study Background Information:
In this section, you will provide a background on the case, the key points that will help to understand your responses to the case study questions.
From this case, how would you describe the new of offshore outsourcing?
Why did Indian outsourcing companies have to change their strategy?
What kinds of challenges do you anticipate that the Indian companies will face in implement this new outsource strategy?

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