Which of the following is most likely to be a reason why an owner of a sole trader business chooses NOT to expand?

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Question

Which of the following is most likely to be a reason why an owner of a sole trader business chooses NOT to expand?

Accepted Answer

The owner wants to maintain full personal control over decisions — A sole trader may deliberately choose not to expand in order to retain full personal control over all business decisions, as growth often requires sharing ownership or management. Options B, C, and D are all motivations for growth, not reasons to avoid it.

Answer

The owner wants to reduce competition in the market

Answer

The owner wants to maintain full personal control over decisions

Answer

The owner wants to increase market share significantly

Answer

The owner wants to benefit from bulk-buying discounts

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