solved This covers chapters 1, 2, 5, 6, 8, 9, and

This covers chapters 1, 2, 5, 6, 8, 9, and 17. You will be required to answer 5 short answer questions, using bullets and/or paragraphs. Properly cite the book that is attached. To be effective, a small business leader must perform three vital tasks. List and briefly explain these three tasksWhat is a sole proprietorship? Explain the advantages and the disadvantages of a sole proprietorship.Why is covering the company’s business model one of the basic areas in a business plan presentation?What is strategic management? What role does a strategic plan play in a small company?What is “collateral” and why is it one of the “Cs” of credit?