From the following, identify the form of business organisation that generally has a limited area of operation due to limited finance availability and limited managerial abilities:

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Sole Proprietorship Explanation: • A Sole Proprietorship is typically a small-scale business owned and managed by one person. • It generally operates in a limited area due to restricted financial resources and the owner's limited managerial abilities. • Unlike other forms of business, it does not have the advantage of shared resources or professional management.

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