Sole proprietor Advantage (1) Easy to establish: Sole trading concern can be established very quickly and easily. Anybody who wants to start a business can do so‚ whenever‚ he likes. In Nepal‚ only nominal legal formality of registration is necessary. (2) Easy to dissolve: Dissolution of sole trading concern equally simple. There are no legal formalities in this regard. Proprietor can dissolve business whenever he likes to do so. (3) Effective control: In this form of business organization‚ proprietor
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Advantage (depending upon implementation some of these can turn into disadvantages) employment (1 emp/1000 tourist) (labor intensive‚ few administrative positions‚ little upward mobility.) infrastructure development (roads‚ water‚ electricity‚ telecom and cybercom‚ but not necessarily local priorities.) cultural preservation (economic incentives to preserve food‚ fashion‚ festivals and physical history‚ but these tend to be superficial elements of a culture.) environmental protection (econ incentives
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Exercise - Advantage and disadvantage Advantages of exercise Frequent and regular exercise has been shown to help prevent or to cure major illnesses such as high blood pressure‚ obesity‚ heart disease‚ Type 2 diabetes‚ insomnia‚ cancer and depression‚ and many more diseases. However‚ the actual risk reduction may not be as large as one expects. Researchers have shown that three 10 minute walks burn as many calories and exercise your heart as well as one 30 minute walk. Exercise can also increase
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What are the advantages and disadvantages of using the mobile phone today ? It can be widely acknowledged that mobile phones have became a necesity nowadays being a fundamental part of technology’s evolution and progress. This magic device was first invented in the late 80’s being very special‚ rare and really expensive at that time. Using a mobile phone nowadays implays a lot of advantages and disadvantages. Talking about the positive side‚ a major benefit of using mobile phones nowadays
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addresses question 3‚ identify any special advantages and/or disadvantages the owner(s) experience in operating this form of business organization. I will also speak to the way in which a Christian owner’s faith will determine how the business is operated. I have selected the sole proprietorship form of business to discuss. The sole proprietorship form of ownership is a business that is owned by just one person. This form of business ownership has several advantages. There are no partners. The single owner
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INTRODUCTION: Closed-circuit television (CCTV) is a camera which is used to produce images or recordings for surveillance purposes. CCTV can be either video cameras‚ or digital stills cameras. Video cameras are either analogue or digital‚ which means that they work on the basis of sending analogue or digital signals to a storage device such as a video tape recorder or desktop computer or laptop computer wherelse digital stills cameras can take excellent pictures in most situations
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Plant tissue culture is a widely used procedure in plant biology in which organism is planted from the explants of the living plants in a nutrient medium under aseptic conditions. There are both advantages and disadvantages of plant tissue culture. Advantages: 1. To produce many copies of the same plants then which may be used to produce plants with better flowers‚ odors‚ fruits or any other properties of the plants that are beneficial to the human beings. 2. To produce plants anytime we want
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The advantages and disvandages of the commercials have long been a subject of discussion among people. The opinions vary from people to people. Some people think ads have many negative social effects. They think there are many false and misleading advertisements in present-day society. These commercials maybe deceive or mislead consumers.It will waste consumers’ money and time. Perhaps it will harm to consumers. They also think the extra costs of advertising will be passed on to the consunners
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has two sides internet also has advantages and dis advantages. Advantages: Email. Email is now an essential communication tools in business. It is also excellent for keeping in touch with family and friends. The advantages to email is that it is free ( no charge per use) when compared to telephone‚ fax and postal services. Information. There is a huge amount of information available on the internet for just about every subject known to man‚ ranging from government law and services‚ trade
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The Advantages and Disadvantages of Incorporating a Business In order to mention all the advantages and disadvantages of incorporating a business‚ first I should try to explain what a corporation is. In 1819‚ Chief Justice Marshall of the United States Supreme court said: " A corporation is an artificial being‚ invisible‚ intangible‚ and existing only in contemplation of the law." In the Webster’s College Dictionary corporation is defined as "an association of individuals‚ created by law and having
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