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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Abstract This essay will provide a discussion on the advantages and the disadvantages of disciplining children. The first part of the essay begins by elaborating on the disadvantages of disciplining children. These disadvantages include establishment of anxiety and fear‚ emotional fallout and rebellious behavior. The second part of the essay provides arguments on the advantages of disciplining children. Justification includes the advantages of‚ development of a child’s character‚ learning from the
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The advantages and the disadvantages of being female. Today ‚be female could be advantageous yet could command some disadvantages ranging from the way one thinks ‚ talk ‚ the way people appreciate and consider you . The pains one may feel physically ‚ spiritually and emotionally.Being female in a world which is continuously changing and demanding could be very difficult at times and very easy in some cases .The advantage of being female includes a lot of things. Females have a wonderful self
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Advantages and disadvantages of marrying young Marriage is believed to be one of the most important commitments made in life. It leads to serious changes in social roles and responsibilities‚ so marrying someone should be a mature and thought-out decision. There are many factors which affect the stability of the union and one of them is considered to be the age of the pair. For instance‚ young people seem to take marriage too lightly nowadays. Many teenagers get married because they are pregnant
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the Governor and Legislative together pick the judges who will serve . The advantages of this selection process is that only two people are in control of the decision. Yet the disadvantages of appointment is that it can become onesided with the Governor picking judges only from his political party and close associates. One of nine states including Texas uses a partisan election to select all of there judges. The advantages of this type of process is the ultimate support from political party to get
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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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The Advantages And Disadvantages of Multinational Companies In a modern society‚ many multinational companies have been founded. They are called multinational corporations because these corporations operate in more than one country at a time. For example‚ McDonalds‚ Pepsi‚ KFC‚ Nike. I will discuss the advantages and disadvantages of these corporations. For the advantages‚ Firstly‚ multinational products and services provide the best possible standards. Because in a foreign country
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Evaluate the advantages and disadvantages of globalisation The term globalisation has “successfully passed into common currency‚” (Slater‚2009‚pp.373-383) since Levitt first used it in 1983 and has become a worldwide‚ “ phenomenon that has spread across the globe‚ influencing governments‚ businesses and society.” (Slater‚2009‚pp.373-383) Similarly‚ Giddens has pointed out that‚ “globalisation is political‚ technological and cultural as well as economic‚” (1999). The rapid acceleration of globalisation
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Advantages of Overpopulation i)Efficient utilization of resources A major portion of our country’s resources are lying idle or are underutilized.We need more manpower to utilize them effectively so that there is no wastage. ii)Expansion of Market An increase in the total population will raise the demand for various essential as well as luxury goods.It will act as an incentive for the producers to set up more industries which will bring economic development. iii)Better Labor Force The growing
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Advantage and Disadvantage of Increasing Mobile Phone Use Mobile phone is a good technology which is lacking from our lives. As the manager of Institute of Occupational Safety and Health‚ I will discuss about the advantage and disadvantage of using mobile phone. In recent years‚ the world has witnessed a booming number of mobile phones. They are dramatically changing the way people contact to each other. It is apparent that mobile phone has had a profound influenced on personal live. However‚ not
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