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In which situation can partnership be beneficial for an enterprise?

Answer and explanation

Correct answer: When partners bring different skills and clear responsibilities

Partnership can combine complementary skills, capital, experience, contacts, and effort. Its benefits are stronger when partners agree on roles, decision-making, contributions, and accountability. Unclear duties, secrecy, and lack of trust create conflict and weaken the enterprise. Therefore the situation in A describes a condition under which partnership can be beneficial.

Related tags

PartnershipRole-ClarityForms Of Business OrganisationBusiness StudiesClass 11 Mcq

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