debts and liabilities the business accrues. There are lots advantages by being a sole trader. The first advantage is easy formation. The formation of sole proprietorship business is very easy and simple. No legal formalities are involved for setting up the business excepting a license or permission in certain cases. The entrepreneur with initiative and certain amount of capital can set up such form of business. Another advantage of sole proprietorship is flexibility in operations. The sole proprietorship
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than others do. Daily‚ if we spend a few minute to travel around the world by Medias‚ we will be able to catch images of pitiful accidents and most of them come from cars and motorbikes. In Vietnam‚ a developing country of Southeast Asia‚ where almost people do enjoy the convenience and privacy of traveling in their own private vehicle is motorbike‚ no more than to speak that traffic accidents are really an obsession. It is a very different picture from developed countries. These countries
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DESCRIBE TWO OF THE ORGANISATIONAL METAPHORS STUDIED AND DISCUSS THE ADVANTAGES AND DISADVANTAGES OF EACH. This essay explores the concept of studying organisation styles metaphorically‚ particularly as perceived by Gareth Morgan (1986). The essay begins by describing two of the organisational metaphors‚ specifically the mechanistic organisation and the organisation as a brain being the most diverse of the metaphors used. It then reviews the interpretation of theorists writing on the subject
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Discuss the advantages and disadvantages of unisexual schools. Boy schools and girl schools shoot up very rapidly both in foreign countries and at home. In China‚ girl schools have enjoyed a very long history since one hundred years ago. Many sociologists and educationalists present their views on this issue from different angles. In this essay‚ I will zero in on the advantages and disadvantages of the controversial phenomenon. (60 words) Some parents prefer to send their children to boy schools
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but make sure you explain thoroughly all of your answers. What were the disadvantages and advantages of each side during the American Revolutionary War? Based on these‚ who do you think should have won the American Revolution? Why? (12 points) By having a Strong Central Government and by being well-trained‚ well-supplied‚ were just a few of the British’s advantages during the American Revolutionary War. Some disadvantages the British had is that they were unfamiliar with the territory and that
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the two main parties. These are held in each state‚ each of which then goes on to sponsor the winning candidate of their primary at the national convention‚ where the party’s presidential candidate is announced. This method of choosing a candidate came about due to the McGovem/Fraser Commission of 1968 (where Mayor Daley refused McGovem the chance to run as he was too liberal). It replaced the old system of decisions being made in ‘smoke filled rooms’ where party bosses were all powerful and made
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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
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Describe two current leadership theories identifying the advantages and disadvantages of each. For each theory explain how it could be Incorporated into and benefit strategic decisions in your own organisation. (b) How could you change management and leadership in your organisation? To improve: efficiency; quality; innovation; HRM? [AC2.1] [AC2.2] (a)Two examples of current leadership theories are transformational and transactional leadership. Transformational leadership theory The
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Discuss the relative advantages and disadvantages for men and for women‚ of being single (=unmarried‚ unattached). Are these different in different countries? It is a common saying that if someone is being single‚ that people is a loser. However‚ there are a lot of people keen on being single even if someone who is married or attached for the advantages of being single. It should not be taken granted that every single people are loser or having good life. For people come from different countries
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force Automation (SFA) is used to automate functions of sales and sales force management (). SFA is an integrated system of computer software and hardware that performs sales functions. The use of SFA has many advantages for both sales managers and can give the company a competitive advantage over its competitors. However‚ SFA is not advantageous for all companies. The most primary function of SFA is that it ties together sales functions such as expense reports‚ sales call scheduling‚ territory
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