Introduction There are many types of organisational structure a business may decide to adopt. This assignment will examine the four main different business structures and present the advantages and disadvantages of each one. The business structures that I will be examining are as follows: The Sole Trader The partnership The Private Limited Company (LTD) The Public Limited Company (PLC) Sole trader A sole trader is an organisation‚ which is owned by one person. The assets
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Advantages and disadvantages of franchising‚ and advice I would give to an entrepreneur who is evaluating a franchise opportunity The advantages for the franchisee The franchisor franchisee relationship is symbiotic-each party provides the other something beneficial it would not have been able to provide for itself. Both gain so both must contribute. The franchisor’s best interest is having each of its outlets succeed‚ and because of this‚ the franchising firm provides a number of advantages to
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Advantages and Disadvantages of the Internet Internet has been developed since the first electric computer appeared. It’s been better and better now‚ and it’s so common that everyone who own the computer must be using it because most of the time we can’t use the computer without it. Although the Internet is good and so important for us‚ there are still many disadvantages of using the Internet. First‚ the Internet has greatly improved our lives‚ and it has become necessary for everyone who
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Computers are complex electronic devices‚ but their four basic operations (IPOS) are simple. The Advantages and Disadvantages of Computer - (computer orientation) Computers are complex electronic devices‚ but their four basic operations (IPOS) are simple. Almost all computer processing involves simple operations such as adding two numbers or comparing two numbers to see which is larger. What makes today’s computer so valuable is that they’re fast and incredibly reliable. Even the least expensive
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One advantage of economic globalisation comes from the free trade. “Two nations can benefit from free trade by specializing in producing those products in which they enjoy a comparative advantage” (Case & Fair 2004‚ p.716). A country enjoys a comparative advantage in the manufacturing of a good if the production has a lower opportunity cost than it would have if produced in other country. When specialization takes place in a production‚ the production will become more efficient. It is due to research
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aptitude‚ physical fitness‚ classification in many other topics”. (para 3) Young’s and adults can have exams; there is not a particular age to have exams. However‚ some don’t agree that exams are important. This article will discuss the advantages and disadvantages of having exams. Firstly‚ a person will be able to know his performance. Exams encourage the performance of student. For instance if a person score low grade‚ it encourage him to work hard in order to score high grade. And also it encourages
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pollute the environment. There’s no doubt that travelling by car has both many advantages‚ and a lot of disadvantages. Travelling by car has many advantages. First of all‚ we can go anywhere we want using car. We don’t have to waste our time and wait for a bus. If we compare using bus‚ bus only bring us to station bus not to the right location that we want. Also‚ using car‚ we get some privacy where we can do what we want. Moreover‚ we can also have touring holiday when and where we want. If we
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Communication can also be very helpful but sometimes it can be very dangerous Advantages of verbal communication are saving of time‚ saving of money‚ more effective‚ knowledge of reaction of message‚ clear doubts and increase in productivity and efficiency. While for disadvantages of verbal communication are lack of proof of message‚ not suitable for future reference‚ not suitable in case of distance. The greatest advantages of verbal communication‚ first is saving of time. Under this system of communication
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Advantages and Disadvantages of Oligopoly When the market is dominated by a few suppliers‚ it is termed as oligopoly. It can be observed in the television industry of the United States‚ where the market is governed by a handful of market players. The advantages and disadvantages of this market form can be clearly demarcated. Oligopoly market form exists in the television and media industry‚ health care insurance industry‚ and cellular phone service industry of the United Sates. This is because each
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Advantages and Disadvantages of a corporation- Advantages: * Separate legal entity * Limited Liability * Ease of capital generation * Lack of mutual agency * Continuous existence * Centralized authority and responsibility * Professional management Disadvantages: * Government Regulation * Double taxation * Limited Liability * Separation of ownership and control Advantages and Disadvantages of using common stock to finance your business- Advantages:
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