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
Premium Economic development Property Privatization
African geography had many advantages and disadvantages. Some advantages of African geography was Africa was rich in resources‚ rivers helped developed Africa‚ and The Sahara Desert was a natural barrier from invaders and the world. Some disadvantages of African geography was African deserts were hot and dry‚ Africa was isolated from the world‚ and Europe wanted African resources. First‚ one of the advantages of African geography was Africa was rich in resources. This allowed many Africans to trade
Premium Africa Slavery Agriculture
Accounting for partnerships Accounting for partnerships – Discuss the advantages and disadvantages of partnerships. Identify and discuss the Financial Accounting Standards (FAS) that govern accounting for partnerships including both creation‚ operation‚ and liquidation. What are the tax consequences of partnerships. The legal definition of a partnership is pretty simple. It is an association of two or more persons who have not incorporated; and carry on a business for profit as co-owners
Premium Corporation Types of business entity Partnership
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.
Premium Writing Essay
Disadvantages and Advantages of global language To start we need to define global language. Global language is the language spoken internationally that many people learn as a second language. There are many different advantages and disadvantages of global language. Some of the advantages are: • Another language added to many people’s vocabulary. • Communication becomes easier because people may communicate with this global language. • Global language is used in business and worldwide
Free Language Second language Lingua franca
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
Premium Management Strategic management Marketing
The Advantages and Disadvantages Of Social Networking Social Networking is a recent invention that has the Internet still at the edge of its seat due to its popularity with people. This is mostly because it really is for the people. Bringing every kind of social group together in one place and letting them interact is really a big thing indeed. Everything about it lies on the advantages and disadvantages of social networking‚ and what it can do for you. Here are the advantages that can be more
Premium Internet Social network service Twitter
Advantages and Disadvantages of Internet Internet can be defined as the wired or wireless mode of communication through which one can receive‚ transmit information that can be used for single or multiple operations. The internet is an extraordinary entertainment and learning tool that can be utilized in a number of modes to increase the ability of a user to collect information. The principal components of the internet are World Wide Web (www) and email
Premium World Wide Web Internet
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
Premium Mobile phone
cases though‚ the traditional budget usually ends up being too rigid. http://blog.trginternational.com/trg-in-the-board-room/bid/162036/Traditional-budgeting-approach-advantages-and-disadvantages http://www.12manage.com/forum.asp?TB=fraser_beyond_budgeting&S=11 http://www.tutor2u.net/business/accounts/incremental-budgeting.htm Advantages of traditional budgeting The budget is stable and change is gradual. Managers can operate their departments on a consistent basis. The system is relatively simple to
Premium Budget Cost Budgets