What of the following is a typical startup requirement for a sole proprietorship?
• obtaining a business license
selling shares on the stock market
signing a contract with a partner
hiring officers to run the company

• obtaining a business license

Explanation:

A sole proprietorship is owned and managed by a single person. The owner is responsible for making all the big decisions regarding the business. The owner, also known as the sole proprietor, does not share profits and losses from the business with any other person.

A sole proprietorship is popular due to its ease of establishment and running.  The owner only requires to register the business with the local authorities to begin operations.  A sole proprietor has the option of picking a name for the business or operating it under their own. A sole proprietorship is treated as one entity with its owner in matters of taxation and liabilities.

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

a progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. that means it takes a bigger percentage from high income earners than it does from low income people.