advantages and disadvantages of information technology in society advantages 1.more time: I.T has made it possible for businesses to be open 24/7 all over the globe‚ making purchases from different countries easier and more convenient.it also means that u can have goods delivered right to your doorstep with having to move a single muscle. 2.bridging the cultural gap: I.T has helped bridge the cultural gap by helping
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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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The internet and modern telecommunications has changed social networks and socialization greatly. It has opened up our ability to communicate over vast distances at near light speed. We now have many more ways in which to communicate in synchronous time with people at distances. Our asynchronous communication (like message boards and social networking) can now involve many more people than with non-electronic media. Another advantage to electronic media communication is the anonymity. We can be
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1. GLOBAL INTEGRATION: ADVANTAGES AND DISADVANTAGES Globalization is the process by which different societies‚ cultures‚ and regionaleconomies integrate through a worldwide network of political ideas throughtransportation‚ communication‚ and trade. Generally‚ globalization has affected manynations in various ways; economically‚ politically‚ and socially. It is a term that refersto the fast integration and interdependence of various nations‚ which shapes the worldaffairs on a global level. Globalization
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City Life-Advantages and Disadvantages Towns and cities are the boon of the modern civilization. With the coming of industrial revolution‚ a large number of industries sprang up. Machines replaced manual work and labourers failed to compete with the quality as well as quantity of the machine production. Cottage industry‚ therefore began to breathe its last. People suddenly found themselves without work‚ for their hand-made goods failed to compete with the finished goods of the machine without any
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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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Civil War broke out‚ the Confederacy and the Union both had numerous advantages and disadvantages and there were multiple women and slaves that contributed to the war. To begin with‚ the Confederacy had its significant advantages that helped it push through the war‚ one of which was its strong leaders. Many believed “Stonewall” Jackson and Robert E. Lee were some of the best officers even before the war. Also‚ they had the advantage of fighting on their own soil. They knew the terrain better that
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Advantages of Overpopulation i)Efficient utilization of resources A major portion of our country’s resources are lying idle or are underutilized.We need more manpower to utilize them effectively so that there is no wastage. ii)Expansion of Market An increase in the total population will raise the demand for various essential as well as luxury goods.It will act as an incentive for the producers to set up more industries which will bring economic development. iii)Better Labor Force The growing
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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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