Advantages and Disadvantages of Sole Proprietorship Profits and Losses – Advantages: Proprietor receives all the profits because he or she takes all the risks. Disadvantages: Losses are not shared. Liability - Disadvantages: 1) The proprietor has unlimited liability. 2) If the firm is unable to pay its bills‚ the proprietor can be force to sell personal assets as well as the business to pay debts. Management – Advantages: 1) Decisions on starting and running the business can be made
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Some advantages and disadvantages of internet Availability of Knowledge Advantages The internet which was once just a little puddle‚ now‚ have become an ocean; an ocean of knowledge. It is like a magical crystal ball which has an answer for every question of yours and the best thing about it is; it is completely free. I know how much I have learnt from the internet. How internet is better than books when it comes to knowledge? The answer to this would be the infinity of the internet. Plus‚ apart
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CASES FOR ANALYSIS ~ AQUARIUS ADVERTISING AGENCY 1. Analyze Aquarius with respect to the five contextual variables. How would you describe the environment‚ goals‚ culture‚ size‚ and technology for Aquarius? ANSWER: Aquarius is a middle-sized firm operating in a relatively unstable environment‚ particularly because in the industry it was common to lose or gain clients quickly because of consumer behavior changes or product innovation‚ sometimes with no advance warning. The technology is predominantly
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Some advantages to living in the country include these points: Clean Air‚ no neighbors‚ open spaces‚ quiet‚ birds‚ deer and other critters. You have to love nature to live in the country. No crime‚ and people are usually friendly. Some disadvantages to living in the country include these points: No shopping mall or large supermarket. Power outages occur more often and usually out in the country everything runs on electric‚ like a well pump so you can flush the toilet‚ so no power and therefore
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Advantages and disadvantages of using CAD Advantages * Can be more accurate than hand-drawn designs - it reduces human error. * You can save and edit ideas‚ which makes it easier and cheaper to modify your design as you go along. * You can modify existing ideas‚ which saves time. Disadvantages * The software itself can be expensive so initial costs are high. There are free software packages though. * Staff need to be trained how to use the software‚ which also adds to costs
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Advantages and Disadvantages of Social Networking By Donna Cosmato Whether you are a social network addict‚ a novice dabbler‚ or you are thinking about trying online networking‚ you probably have some questions about the advantages and disadvantages of social networking. For example‚ can it really increase one’s productivity or does it just waste valuable time? How safe is it? Before you invest too heavily in online social communities‚ be sure to do your due diligence so you are aware of the risk
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The Advantages and Disadvantages of Living in the Country. Living in the country is often the dream of people who live in the city. However‚ in reality it has both advantages and disadvantages. There are many advantages to living in the country. One is closer to nature and can enjoy more peace and quiet. There are fewer cars so there is less pollution. Furthermore‚ life in the country is slower so people there have time for each other. As a result‚ they tend to be friendlier and more open.
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There are advantages and disadvantages in every war that can either be minute details or change the whole course of the war. In the Revolutionary war‚ there were many advantages and disadvantages of either side. America and Britain both had different things working for them or against them‚ many of these things were very significant by the end of the war. Although both sides had various advantages and disadvantages‚ America’s advantages outweighed those of the British. In the war‚ America had
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those which are in the process of development. (Ashwath Komath‚ April 19‚ 2010). According to (Andrew Page‚ 2005) Foreign Aid or Official Development Assistance (ODA) is a transfer of resources on concessional terms which are undertaken by official agencies. Mostly‚ the countries that receive foreign aid are usually developing countries. Poverty is the main focus of giving the foreign aid. This situation always happened to many countries due to the conditions where the people live and from that it will
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ADVANTAGES AND DISADVANTAGES OF MOBILE PHONES ADVANTAGES AND DISADVANTAGES OF MOBILE PHONES Mobile phones are used all over the world for different purposes. In this essay‚ we will be looking at the advantages and disadvantages of using mobile phones. Dr Martin Cooper is considered the inventor of the first portable handset and the first person to make a call on a portable cell phone‚ in April 1973. This portable phone had numerous features never seen before. It revolutionised communication
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