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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managing such a dilemma‚ it is more appropriate to create a culture where there is a balance of having the privilege to work from home and attend compulsory meetings‚ rather than brushing off the potential to utilise sophisticated gadgets to our advantage. When people work from home‚ they effectively eliminate travel time. This increases productivity and reduces the loss precious of man-hours in having to put up with congestion. Exponential rise in global population as well as an increased rate
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online‚ even though you have to be carefull‚ shopping online has got many disadvantages as well. Jacob‚ my little brother is planning to buy some games by the internet‚ while my father tells him all the advantages and disadvantages of shopping online. When you buy online‚ some of the advantages are that you save time – Do you have the specific list that you want to buy? With just a couple of clicks of the mouse‚ you can purchase your shopping orders and instantly move to other important things‚ which
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Discounting is reducing the selling price of goods. Many retail stores use this method to try to sell more products and gain more profits. The advantages and disadvantages of discounting have brought a drastic debate. Some supporters believe that it has noticeable benefits‚ while others suggest that it perhaps does more harm than good. In this essay‚ I will review both the comments for and against discounting goods to boost sales. The advocators encourage discounting goods to attract more consumers
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Lease Versus Purchase NAME HERE FIN/370 April 20‚ 2015 Teacher Here Lease Versus Purchase When operating a successful business‚ it is important to consider operating costs and expenses related to producing or being able to provide a certain good or service. In some cases‚ it is more beneficial for a business to lease equipment needed for production or manufacturing and in other instances it is financially favorable to purchase equipment. This paper will compare the factors involved in deciding
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Everybody in the world always think smoking should be banned completely because of the harmful health but they do not realize the benefit we can get from it . In my opinion ‚ smoking should be banned but not completely and i will give some support ideas about that First of all ‚let me point out the positive side of the smoking . As everybody knows‚ smoking undoubtedly help people to relax .People usually smoke before an exam ‚ during working or when they hanging out with their friend .Secondly
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The creation of an identical copy of something is the process of cloning. It is simply a form of asexual reproduction. Cloning is a big issue in todays world of science because of the potential benefits‚ the risks involved‚ and medical‚ ethical and religious conflicts. Plants and animals have already been cloned and stem cell research is already going ahead‚ and maybe one day science will be able to clone a human. The division of opinion on cloning will require many forums of discussion to cover
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Today is really difficult to limit the entertainments ways. With the new technology our life is getting easier than it was because of that what we think and see. However in the reality it is not what we think. The life is getting more complicated with the speed of the improvement of the technology. Proofing my speech by talking about children as an example in how they were before enjoying their free time in the past and how they are now. We can observe that in the past the ways of entertainment are
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Biometrics is described as the science and technology that deals with measuring and statistically analyzing biological data. It is used to uniquely identify individuals by their physical characteristics or personal behavior traits. According to Whitman‚ “Biometric access control is based on the use of some measurable human characteristic or trait to authenticate the identity of a proposed systems user and it relies on recognition”. With regards to information technology‚ “biometrics usually refers
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In regard to dahi‚ several factors make it a good carrier for probiotics. Dahi possesses a positive health image‚ has a long history of safe use and is liked by people belonging to all age groups and in different regions. Hence‚ administration of probiotic organisms becomes easy through this product. Moreover‚ the technological reasons also exist for the use of dairy products as carriers for probiotics. The technologies involved in the making of dahi like fermented products are optimized to some
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