Advantages Mixed economy has got the following advantages: Rapid economic development Inmixed economy both private and public sectors work side by side. The combined efforts lead to rapid economic development. The economic resources of the economy are used efficiently. Wastages of resources are minimised. Lesser inequality of income: Right to own property is granted. Law of inheritance is also applied‚ so certain members of society grow richer and richer. Public sector in the economy tries
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The Advantages & Disadvantages of Workplace Monitoring The advancement of technology in the workplace has had many effects on how employees fulfill their duties -- and how employers manage their workforces. Workplace monitoring refers to any type of workplace surveillance or record keeping‚ especially as it applies to employees’ use of technology. From monitoring employee Internet usage to installing security cameras‚ monitoring is a reality in many workplaces despite its potential problems.
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1. List down the advantages and disadvantages of forming a partnership * Collaboration. As compared to a sole proprietorship‚ which is essentially the same business form but with only one owner‚ a partnership offers the advantage of allowing the owners to draw on the resources and expertise of the co-partners. Running a business on your own‚ while simpler‚ can also be a constant struggle. But with partners to share the responsibilities and lighten the workload‚ members of a partnership often
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market‚ and they are something that everyone should be made aware of. However‚ many people do not know what prepaid cards are‚ and how they can benefit you. If you want to know more about prepaid cards‚ then here is some advice about their advantages and disadvantages. What does prepaid mean? Many of us have prepaid phone cards or SIM cards for our mobiles‚ but prepaid debit cards are quite a new idea. However‚ the concept is the same as other prepaid mediums‚ where you load money onto a card and
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ADVANTAGES AND DISADVANTAGES OF PRIVATISATION Contents 1.0 INTRODUCTION 1 2.0 ADVANTAGES OF PUBLIC SECTOR PRIVATISATION 2 2.1 Improving Efficiencies 2 2.2 Reduction in Government Cost and Spending 3 2.3 Focusing on Core Competences 3 2.4 Streamlining Businesses to Allow Productive Job Creations 4 2.5 Obtaining Goal Congruences 4 2.6 Effective Utilization of Taxpayers’ Money 5 2.7 Generate Income Tax Revenue 5 2.8 Improving Government Financing 6 2.9 Reorganisation or Restructuring
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Companies The formation of incorporation is by registration with the companies acts 1963-2012.Companies can be registered with limited or UN limted liability or as a private or limited company. The legislation will distinguish between limited and unlimited‚ by which liability of the members is limited‚ between the companies with share capital and without share capital. This went between the private and public companies. A company limited by shares Companies act S 5(2)1963. At the end of 1983‚ there
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Singapore and Canada. In this essay‚ I will discuss the advantages and disadvantages of diversity that will affect the society in terms of cultural‚ economical and social development. A diverse society can contribute to the progress of the economic development of a country by creating an open mindset due to exposure to foreign ideas and people with different backgrounds and experiences‚ enabling the community to develop a broad-minded approach to life and business. The downside to this is people of different
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fast food. It is fast and easy to eat food which makes us satisfy. But‚ recently‚ We have heard that fast food is farmful food for human. However‚ recently‚ We hear that fast food is harmful food for human. There are too many researches about disadvantage of fast food. I think that fast food has more hamful properties than benefit ones. There are some reasons why fast food is harmful one. First of all‚ Fast food is fried by oil. For example‚ When it was fried‚ Chemical reactions occur. By-products
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ADVANTAGES AND DISADVANTAGES OF INTERNET INTRODUCTION Internet has become the most ever powerful tool for man throughout the world. The internet is a collection of various services and resources. Although‚ many people still think e-mail and World Wide Web as the principle constituents of internet‚ there is lot more in store than e-mail‚ chat rooms‚ celebrity web sites and search engines. It also became the best business tool of modern scenario. Today internet has brought a globe in a single
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This essay will give an overview of the advantages and disadvantages of the minimum wage. There are many different opinions about whether a national minimum wage is a good or a bad thing for our economy and people individually and by looking into various different resources and researching thoroughly‚ a conclusion will be drawn to hopefully provide a fair and unbiased review. In the UK‚ there are 3 different bands when it comes to minimum wage‚ if you are between 16 and 17 years old you are entitled
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