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
Premium Corporation Corporate tax Business law
THE ADVANTAGES AND DISADVANTAGES OF REPRESENTATIVE DEMOCRACY Page 1 Representative democracy is what we have in this country. We are seen by many other countries as one of the most well run countries in the world. Our system seems to run very well and there are many advantages of using the system we do. The principal is that the people are represented through their MP who is able to put the views of the constituent to parliament. On the other hand most politicians want to be successful. and this
Premium United Kingdom Democracy Conservative Party
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
Premium Design Computer Computer-aided design
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
Free Internet Social network service Website
Describe the Advantages and Disadvantages of using Referendums in the UK? (25 marks) A referendum is a vote given to the public which is determined by the government‚ and is used to help answer an important political or constitutional question to which the public must vote a simple ‘yes’ or ‘no’. One advantage of using referendums in the UK is that they enable the public that are over 18 to approve or disprove important constitutional changes. An example of a one being used for this purpose is
Premium United Kingdom Democracy
| | | There is a tendency in the modern society to abandon the village and to migrate to the city. More and more people‚ especially young and well educated‚ decide to live in large cities rather than in villages. A village is a quiet place where the influence of the city is not felt much. It is indeed a very good place for rest and relaxation. I was born and brought up in the village. In fact‚ almost all of my childhood I had spent in the village. Mainly the people of the village live in unity
Premium City Village Village People
There are advantages and disadvantages in every war that can either be minute details or change the whole course of the war. In the Revolutionary war‚ there were many advantages and disadvantages of either side. America and Britain both had different things working for them or against them‚ many of these things were very significant by the end of the war. Although both sides had various advantages and disadvantages‚ America’s advantages outweighed those of the British. In the war‚ America had
Premium United States World War II World War I
Advantages & Disadvantages of Living Abroad There are many reasons a person may end up living abroad: military service‚ work requirements‚ marriage and higher education‚ to name a few. It is an exciting prospect but can be a daunting one‚ as well. There are pros and cons to becoming an expatriate‚ so be sure to weigh each side before making the big move. Culture * At first‚ adapting to your new country may be met with many challenges as you try to get used to the different culture. Everything
Premium United Kingdom Second language Inflation
Advantages and disadvantages of being a sportsmen Professional sportsmen are those people who receive payment for their performance‚ as an individual or within a team environment‚ at a professional level. As any other profession in the world‚ treating sports as an occupation also has its advantages and disadvantages. First of all‚ practicing a professional sport‚ not only helps people have an active an healthy lifestyle‚ but also helps them to develop important skills such as perseverance‚
Premium Personal life Football Lifestyle
: Advantages and Disadvantages of Drugs Usage Good morning to our teacher Pn. Devi and our friends. I am chien yen. I am Wan Yi. We are honoured to give a talk on advantages and disadvantages of drug usage. I probably don’t have to work very hard to get people to see that there really is no right time‚ place‚ or situation to try drugs‚ but I’m going to try anyway. There are several different reasons why teens might turn to drugs .One of them could be that they just want to be social and have fun
Premium Drug addiction Adolescence