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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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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Write a 250-word response to each of the following questions: What are the advantages and disadvantages of social media? How might knowing these advantages and disadvantages alter how a person might use social media? One advantage of social media is the ability to stay connected to friends and family‚ especially those you may not see often. You can share photos and even host events which you can invite your friends to. Social media is also a good way to meet new friends and share interests with
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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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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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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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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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production process. The second is forward vertical FDI in which an industry abroad sells the foods of a firm ’s domestic production processes. Analysis of advantages and disadvantages of FDI In addition to FDI‚ the firms are also able to expand foreign market by means of exporting and licensing. Compared with exporting and licensing‚ the advantages of FDI for companies 1. Low transportation cost. As far as the firms which mainly adopt horizontal FDI are concerned‚ transportation cost must normally
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Part two‚ Statement of the Problem‚ provides specific questions that the researcher sought to answer. It also indicates the purpose of the experiment and specifically‚ it states both descriptive and inferential questions and hypothesis. Part three‚ Significance of the Study‚ gives the people an idea on how relevant the study is to other researchers. It also states the importance of the study‚ the beneficiaries and the benefits to be derived from the results of the study. Part four‚ Scope and Delimitation
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