# "Disadvantages And Advantages Of Using Each Measure Of Central Tendency" Essays and Research Papers

Subject: Math – Measures of Central Tendency Grade: 6th GLE Standard: Mathematics - Data and Probability. 2. Select and use appropriate statistical methods to analyze data. A. Describe and analyze data - find the range and measures of center, including median, mode, and mean. Materials: - Bag of mixed candy, or something comparable the students can sort and count - Whiteboard/blackboard - Computer...

1, Arithmetic mean, Data 727  Words | 3  Pages

### Sampling and Measures of Central Tendency and Dispersion

Sampling and Measures of Central Tendency and Dispersion Introduction: Overall Job Satisfaction (OJS) was the variable selected for this exercise because it lends itself to measures of central tendency and dispersion. The data are quantitative and continuous in nature. Data Selected: The instructions for the exercise suggested a sample of approximately 30 individuals from one of eight variables. There were 288 measures of OJS. Every ninth individual was selected resulting in thirty-two...

Arithmetic mean, Average, Mean 896  Words | 4  Pages

### Central Tendency and Measures of Variat

﻿Central Tendency and Measures of Variation Task 1: 1.1 a.) Define Population: Population is a complete group or collection of items or people selected to be used for a statistical study b.) Define Sample: Sample is a partial selection or part of the population for which the study uses for information gathering. 1.7 The Neilson study is an inferential study; the results contained on the study are not focused and generalized. The population is not defined and therefore inferences are needed...

Arithmetic mean, FICO, Mean 496  Words | 3  Pages

### Business Applications of Measure of Central Tendency

1 Measures of Central TendencyMeasures of central tendency (averages) are statistical constants which enable us to figure out in a single effort the significance of the whole.” (Prof Bowley) The main objectives of measure of central tendency are To reduce data in a single value. To make easy comparisons between data. There are different types of averages; each has its own business applications. 1. Arithmetic Mean 2. Median 3. Mode 4. Geometric Mean 5. Harmonic Mean 1.1 Arithmetic...

Arithmetic mean, Average, Generalized mean 853  Words | 3  Pages

﻿ Advantages and Disadvantages of the Internet Information and Preparation Sheet Vocabulary: global village, a plethora of options, services, dissemination of information, silver bullet, Babel, rambling, reliability, veracity, ascertain the reliability, rapid pace of change, information overload, landmines, at the click of a mouse, maligned, comfort of home, assimilated, indispensable, pervasive, rife, program vs programme, having access to, beyond reproach, estranged, Be careful of one/you/we/I ...

E-mail, History of the Internet, Identity theft 1366  Words | 5  Pages

easy. Though internet has made people lives simple and convenient its has also wreaked havoc in their lives. The writer will show the advantages and disadvantages of using the internet. Oxford dictionary( ) has defined internet as ‘a global computer network providing a variety of information and communication facilities consisting of interconnected networks using standardized communication protocols’. Therefore one can say internet is a network that promotes people to research and communicate easily...

Communications protocol, Computer network, History of the Internet 1040  Words | 4  Pages

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...

Computer, Computer graphics, Computer-aided design 649  Words | 3  Pages

### Arithmetic Mean and Central Tendency

﻿Answer the following problems showing your work and explaining (or analyzing) your results. 1. Describe the measures of central tendency. Under what condition(s) should each one be used? Mean- Works good when it comes to test scores Median- should be used when describing something like average income. Mode= is good is you want to see what is you best seeing product in a store situation. 2. Last year, 12 employees from a computer company retired. Their ages at retirement are listed below.First...

Arithmetic mean, Average, Interquartile range 623  Words | 5  Pages

﻿Mary Ann Jermalowicz Mary.jermalowicz@gmail.com Bus 3008 Daniela Pava July 20, 2014 Advantages and Disadvantages of Using Social Media to Promote a Business Introduction In today's society, we use the internet to get all our gossip, news, weather and do most of our shopping. So it is only fitting that we also use the internet and social media to check on businesses. Businesses use social media to do their advertising for products, goods and services. In fact they use social media to...

A Good Thing, Conscription in the United States, Critical thinking 1373  Words | 7  Pages

Definition: Different types of soft drinks are used in order to vary the results of the experiment. 20 ml of 7UP, Sprite and Orange Mirinda are used for this experiment, each measured by measuring cylinder. Dependent variable: 1) Concentration of glucose in the soft drinks Definition: The concentration of glucose is varied in each of the soft drinks. In order to test for the different concentrations, the mass of precipitate formed and time taken for the color to change are taking into account. The...

Benedict's reagent, Copper(I) oxide, Fehling's solution 1281  Words | 5  Pages

makes us easier to communicate with each other. Until September 2011, Skype has 663 million registered users around the world. I.2 Problem 1. What is Skype and what are its features? 2. How to operate Skype? 3. What are the advantages and disadvantages of using Skype? I.3 Purposes The purposes of writing this paper is to know more about Skype and its features, how to operate on this software, and to know more about the advantages and disadvantages of using Skype. II. BODY II. 1 History...

File sharing, Instant messaging, Mobile phone 2072  Words | 6  Pages

### Measures of Central Tendency: Mean Medium Mode

﻿Measures Of Central Tendency: Mean Medium Mode Mode instead of mean… Categorical variables, words not numbers Measures of Dispersion: Standard Deviation, Range, and Variables Range = Largest number minus smallest number SD = Average Distance from the Mean (Most frequently used) Variance: Fat & Skinny Distributions: Skewness – measure of the lack of symmetry, or the lopsidedness of a distribution. One “tail” of the distribution is longer than another. Kurtosis: has to do...

Confidence interval, Estimator, Normal distribution 518  Words | 4  Pages

### Six Advantages and Disadvantages of Using Cash as a Form of Payment

Q: Name six advantages and six disadvantages of using cash as a form of payment A: Six advantages of using cash as a form of payment include: cash is the most common way of payment around the globe when compared to all other types of payment. As cash does not involve third-party action for its immediate conversion into other forms value. Cash requires no authorization for the person who carries it, thus it is convenient for those who desires small payment amounts to be used. The use of cash...

Bank card number, Card Security Code, Credit card 862  Words | 4  Pages

### Arithmetic Mean and Central Tendency

Week Five Discussion | This Discussion will give you the opportunity to calculate or identify the three measures of central tendency. You will be asked to select an appropriate real life situation in which one measure would be more appropriate than the other two measures of center. 1. Select a topic of interest to you and record the topic in your posting, for example: “What is the average number of hours people watch TV every week?” Make sure the question you ask will be answered with a number...

Arithmetic mean, Average, Gender 816  Words | 3  Pages

A computer is a general purpose device that can be programmed to carry out a set of arithmetic or logical operations. There are many types of computers that we are using now like personal computers (desktop), mobile computers and mobile devices, game consoles, servers, mainframes, supercomputers, and embedded computers [1]. Since a sequence of operations can be readily changed, the computer can solve more than one kind of problem[2]. Every day, people around the world rely on different kinds of computers...

Computer, Computer data storage, Hard disk drive 950  Words | 3  Pages

Advantages and Disadvantages of Marketing By Adrian “Marketing” is defined by Wikipedia as “the process by which companies create customer interest in goods or services… through which companies build strong customer relationships and creates value for their customers and for themselves.” Start with a marketing plan – identifying the customer and their needs and wants. Since the essence of business is fulfilling a need it is an important to know which need you are trying to fulfil. Then you need...

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...

Business law, Corporation, Legal entities 1066  Words | 4  Pages

Devices is any hardware component that conveys information to one or more people such as printer, monitor, and speakers. 3.System Unit is a case that contains the electronic components of the computer that are used to process data such as CPU (central processing unit) ,Memory components and recording media that retain data. Data storage is a core function and fundamental component of computers. 4. Storage Devices Storage holds data, instructions, and information for future use such as USB flash...

Computer, Computer data storage, Computer program 1092  Words | 6  Pages

### Measures of Central Tendency

Measures of Central Tendency 1. What Do You Mean by Mean? a) The mean of the salaries is calculated by adding up each individual salary and dividing it by the seven employees. The mean of the seven salaries is \$43,814.29. The mean compares to the individual salaries because it shows the average of all the salaries together. The employees would use the average to negotiate with Dick for a higher salary, because by looking at the average you can see that Dick’s salary is an outlier compared to...

Arithmetic mean, Average, Mean 766  Words | 2  Pages

Advantages and disadvantages of networks I’ll start by saying that setting up a network is a serious job and should be done only by a person that is already familiar with the process of networking. The variety of options for setting up a home network can influence on a decision regarding the equipment needed to be purchase. Before deciding what hardware to buy you must first find out which type of network technology to use (by 'type of network technology' I mean the way computers connect to the...

Client-server, Computer network, Internet 1433  Words | 4  Pages

Explaining the Differences Including Advantages and Disadvantages NTC/360 By Betsy Grissom Earl Sortor November 15, 2010 Introduction After reading this paper the reader should know how each of the terms works in a computer. The reader will also have knowledge of each terms advantages and disadvantages. Mesh Topology A mesh network has a very simple concept. Because of the simple concept a mesh network has fewer chances of breaking down the network. Many possible combinations...

Computer network, Data Link Layer, Ethernet 1607  Words | 7  Pages

﻿Advantages of Total Quality Management (TQM) Improves Reputation - TQM programs have the advantage of improving corporate as well as product reputations in the marketplace, because errors and defective products are discovered much more rapidly than under a non-TQM system, and often before they are ever sent to market or found in the hands of the public. Higher Employee Morale - Compared to employees who are motivated, disengaged workers are less efficient, miss more workdays and cost organizations...

Employment, Ethics, Human 1366  Words | 4  Pages

### advantages and disadvantages of using an external and internal evaluator in an evaluation

﻿This essay is an attempt to describe the advantages and disadvantages of using an external and internal evaluator in an evaluation. The author will propose an internal evaluator for a functional literacy program. The structure of the essay will start by defining programme evaluation and the background of evaluation, and then give advantages and disadvantages of using external or internal evaluator in an evaluation. This essay will then propose one evaluator for a functional literacy program and...

Assessment, Computer program, Evaluation 2159  Words | 6  Pages

What are the advantages of television? 1. In this busy life, television can be the easiest source of entertainment. 2. By watching news channel, we get updated with the things going around the world. 3. Channels, like Discovery, gives information about Wild life. 4. Watching quiz shows can increase our knowledge. 5. By watching recipe channel, we can learn many recipes. 6. Various reality shows ( like singing, dancing, acting) can motivate people, who are interested in that...

Cancellation, Lists of television programs, Reality television 1812  Words | 6  Pages

### Module On Measures Of Central Tendency

Module on Measures of Central Tendency Measures of Central Tendency There are many ways of describing of a given set of data. A good number of descriptive measures exist in statistics whose use depends largely on the nature of data and the intended purpose of the description. This measure is the measures of position or central tendency, it is use to see how a large set of raw materials can be summarized so that the meaningful essential can be extracted from it. The most commonly measures of central...

Arithmetic mean, Average, Central tendency 1996  Words | 39  Pages

head: ADVANTAGES AND DISADVANTAGES OF INDIVIDUAL RIGHTS Advantages and disadvantages of individual rights and public order University of Phoenix Advantages and disadvantages of individual rights and public order Every human being deserves to have Individual rights and they are a very important part of the justice system. Without individual rights things would be chaotic therefore, public order is brought into the system so that everyone’s individual rights are in place for each individual...

Civil and political rights, Criminal justice, Human rights 1917  Words | 5  Pages

### Measures of Central Tendency

Measures of Central Tendency Objectives of the chapter • To use summary statistics to describe collections of data • The main goal is to come up with the one single number that best describes a distribution of scores. • Lets us know if the distribution of scores tends to be composed of high scores or low scores. • To use the mean, median and mode to describe how data bunch up. The sales of 100 fast food shop is given below: Sales No. of (in 000s) Shops 700-799 4 800-899 7 900-999 8 1000-1099 10...

Arithmetic mean, Average, Generalized mean 1319  Words | 23  Pages

### The Disadvantages of Using SWOT Analysi

﻿The Disadvantages of Using SWOT Analysis by Steven Symes, Demand Media SWOT analysis, strength, weakness, opportunities and threats analysis, provides a structure for organizations, including small businesses, to analyze it internally. The analysis examines an organization's assets, processes and past levels of achievement. While SWOT analysis provides some benefits to an organization, using it in your small business can put you at a disadvantage unless you understand its limits and risks. Other...

Business intelligence, Human resource management, Management 1472  Words | 5  Pages

THE ADVANTAGES AND DISADVANTAGES OF TELEVISION In today modern world television is the most popular and recognized from of media and most homes in the western and developed worlds own one. That small (in some cases rather large) box sitting in your lounge is your connection to the outside world. It is an indispensable item and many of us cannot imagine life without it. As with everything there are advantages and disadvantages with the television. The main advantage is televisions ability to bring...

Disadvantage, Film, Reality television 963  Words | 3  Pages

Title: What are the advantages and disadvantages of using internet anonymously? Internet freedom is a controversial issue nowadays, and there are some findings discovered that using internet without registered their real name will cause some critical problems as cyber bullying, stealing or intimidating since users do not need to have any responsibility about what they said. However, using internet anonymously are also some advantages which gives an essential protection to internet users. In this...

Abuse, IEEE Internet Computing, Internet 896  Words | 2  Pages

Amplitude modulation, Carrier wave, Frequency modulation 985  Words | 3  Pages

The advantages and disadvantage of social networking Nowadays, social networking is a part of everyday life and it brings revolutionary changes in communication between people. Social networking has a lot of advantages and disadvantages. Some advantages are allow us to communicate with our family, friends and relatives, obtain the latest news and help us to do our work easily. However, some disadvantages are teenagers may become addicted to social networking and a lot of unreliable information...

MySpace, Orkut, Social network service 735  Words | 2  Pages

THE ADVANTAGES AND DISADVANTAGES OF USING CLOUD COMPUTING SERVICE The "cloud" refers to the Internet; it is usually hosted on more then one server in multiple locations, normally neither the public nor the businesses know where the information is located. Many consumers are turning to the cloud to store and retrieve their data from any computer in the world. They are using this service to store their software, conduct, documents, other personal and all business operations. Many different consumers...

Cloud computing, Computer, Data 822  Words | 3  Pages

﻿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,...

History of the Internet, Instant messaging, Internet 1426  Words | 6  Pages

determine the perceived advantages and disadvantages of the operation of the public slaughterhouse to the Guimbalanon living on the area and its workers by the length of stay in the area. Statement of the Problem This study aimed to determine the perceived advantages and disadvantages of the operation of the public slaughterhouse to the Guimbalanon. Specifically, it sought to answer the following questions: 1.) What is the extent of the perceived advantages and disadvantages of the operation of...

Dictionary, Hygiene, Merriam-Webster 1422  Words | 5  Pages

wondered what would happen if Internet didn’t exist in this world ? Explanation Internet is now commonly used by people all ages all over the globe. It has various functions that benefit human beings from communication to entertainment. Reasons Advantages receive and find the latest information online Purchasing newspapers and magazines won’t be necessary anymore because all the most recent news will show up in front of our eyes with just a single click. Completing projects and assignments would...

Mail, Meatspace, Online chat 328  Words | 7  Pages

Abstract This essay will provide a discussion on the advantages and the disadvantages of disciplining children. The first part of the essay begins by elaborating on the disadvantages of disciplining children. These disadvantages include establishment of anxiety and fear, emotional fallout and rebellious behavior. The second part of the essay provides arguments on the advantages of disciplining children. Justification includes the advantages of, development of a child’s character, learning from the...

Behavior, Child discipline, Childhood 1254  Words | 4  Pages

### Assignment on Central Tendency and Dispersion

Assignment on Central Tendency and Dispersion 1. A manufacturer of hand shovels is deciding what length handles to use. Studies of user preference reveal that the average, the median, mean and mode of preferred length are all different. What are the implications of using each of these values? Which value would you decide? 2. A given machine is assumed to depreciate 40 percent in value in the first year, 25 percent in value in the 2nd year and 10 percent in value in the next three years; each percentage...

Arithmetic mean, Average, Mathematics 958  Words | 4  Pages

﻿ABSTRACT Advantages and Disadvantages of Modern Technology Based on the Perception of 2nd Year BSAMT Students in PATTS College of Aeronautics Gabriel Anselmo Renz Bautista Adrian Borja Wilfredo Buhayo III Gino De Jesus Patrick Domingo Statement of the Problem This study sought to identify the advantages and disadvantages of modern technology based on the perception of 2nd year BSAMT students. Specifically it answers the following questions 1. What are the reasons of the students in...

Better, Controversies, Education 1302  Words | 6  Pages

ever before.  The world of education get the effect on the rapid changes of ICT. Education now have to adapt with the ICT, if not then there will create gap within education and the society. The education world now is also getting more improve by using ICT. Social Networking or Social Media such as facebook, twitter, WhatsApp and other alike is also product of the development in ICT. Not many people realise that social media that are used by so many people in the world can be used for language learning...

Education, English language, Facebook 1081  Words | 3  Pages

### Advantages of using IM in the workplace

﻿Advantages of using IM in the workplace Traditional ways of communication has been shown to serve many important functions in organizations, including complex coordination, problem solving, and social learning. Early days there were attempts to build tools to support informal communication focused on audio and video environments. However, these attempts have not been widely adopted for several reasons, including the lack of support for core user tasks, cost, privacy concerns, and implementation...

Communication, Cost, Employment 1375  Words | 4  Pages

Benefit of the Offshore Outsource 1) Improve the customer service Using high-quality specialist external providers can allow companies to capitalize on their strengths and, indirectly, help to improve customers’ experience of using such companies’ products or services. External providers can help a company’s competitiveness by delivering greater flexibility and responsiveness than would be available in-house. 2) Swiftness and Expertise Most of the times tasks are outsourced to vendors...

Business process outsourcing, Company, Corporation 599  Words | 3  Pages

TECHNOLOGY: Dota and Facebook (Advantages and Disadvantages) DOTA Advantages 1. Dota helps the youth who are playing this game to become mentally alert, cooperative, and strategic. 2. It increases their knowledge in mathematics by computing the gold's, damages, magic and physical reduction present in the game. 3. Playing DOTA are for the youth to communicate teenagers who initially don’t know each other can easily be friends. DOTA Disadvantages 1. It can lead to irresponsibility. ...

Dustin Moskovitz, Facebook, Game 1480  Words | 5  Pages

﻿Advantages and Disadvantages of information technology in Business Advantages: Increases production and saves time: Business use technology to automate tasks.  A good example is a bakery which uses automated temperature censors to detect any drop or increase in room temperature in a bakery. These censors will send information directly to the operator and report any temperature change. This saves the bakery time and it also results into quality products.   Improves communication through communication...

Business, Internet 1476  Words | 5  Pages

be given as to which of these communication methods is adopted by the pharmacy as each method brings its own advantages and disadvantages. Although face-to-face communication would be the preferred method of conducting an intervention, it is likely that telephone interventions will be used by most pharmacies at some stage. This brief guide will help you and your staff communicate more effectively when using the telephone as part of the NMS. The words we use make up less than 10% of the...

Communication, Patient, Rotary dial 871  Words | 5  Pages

﻿Seitzhanova Assiya. Accounting 11.856. “What are the advantages and disadvantages of ethical behavior in business?” Nowadays the concept of ethical behavior in business ethics is one of the most debatable issues in the world’s business community. Why? Just because there is a global division of business people on who are completely blinded by the word “money” (their number increases with each year) and who not. Each of these two groups of people has certainly own truth. For the first group any...

Khmedsakjfsdajf The Advantages and Disadvantages of Federal System of Government Federalism that also we can say federal system is political concept in which a group of members are bound together by covenant with a governing representative head. It is one that divides the powers of government between the national government and state and local governments. The Constitution of the United States established the federal system, also known as federalism. Under federalism, each level of government...

Federal government, Federalism, Federation 901  Words | 5  Pages

FACEBOOK HAS MORE ADVANTAGES THAN DISADVANTAGES BY: PRESENTED TO: UNIVERSITY: DUE DATE: Bessant (2001, p. 207) confirms that facebook is known widely by people all over the globe; those with accounts in face book are able to connect with people who are not near them at the shortest time possible. The introduction of the system has enabled communication between people who are familiar with each other and strangers. At the end of July 2011 many sites had integrated the comments made in facebook...

Bergen County, New Jersey, Facebook, MySpace 914  Words | 3  Pages

living is poor among the people. Foreign aid is given to poor countries that having a limited supply of financial resources, food and need helps from other countries such as Malaysia, Brunei and Singapore. This essay discussed about the advantages and disadvantages of giving international aid to poor countries. Nowadays, a lot of third world countries such as India, Bangladesh and Africa received aids from more develop one. This situation lasting for many years. When something bad happen, such as...

Country classifications, Cyprus, Developed country 1521  Words | 5  Pages

The Advantages and Disadvantages of Franchising in France 1 Running head: International Trade: Licensing and Franchising The Advantages and Disadvantages of Franchising in France Presented by: Deon E. Boswell Of Team McWorld University of Maryland University College AMBA606 November 4, 2005 The Advantages and Disadvantages of Franchising in France 2 Executive Summary The tremendous growth in franchising over the last decade can be traced directly to the explosion of growth in international...

Business model, Franchising, International Franchise Association 2394  Words | 6  Pages

﻿The advantages and disadvantages of technology The world moves and develops all the time. Technology has also advanced over time. In recent years, advanced technology has caused many significant changes in some specific areas. Because of this, human society is improving possibly faster than at any point in history. Whilst in the past technology was described as a method of creating some new inventions, today it drives the development of human civilization and puts emphasis on using scarce resources...

Education, Educational technology, Mobile phone 1248  Words | 5  Pages

﻿Television: Advantages: Convenient and Flexible: The television is a convenient and flexible advertising medium, owing to its widespread popularity and the ease with which a message can reach millions of viewers internationally and nationally. Television advertising allows advertisers the flexibility to use various approaches and different combinations of audio, video and text to make ads memorable and emotional, depending on the product or service or the target audience. Strong Impact: Television...

Advertising, Coca-Cola, Infomercial 1659  Words | 6  Pages

Advantage and Disadvantage of Increasing Mobile Phone Use Mobile phone is a good technology which is lacking from our lives. As the manager of Institute of Occupational Safety and Health, I will discuss about the advantage and disadvantage of using mobile phone. In recent years, the world has witnessed a booming number of mobile phones. They are dramatically changing the way people contact to each other. It is apparent that mobile phone has had a profound influenced on personal live. However...

Base station, Cell site, Cellular network 1838  Words | 5  Pages

Advantages and disadvantages of entertainment to society? Present day entertainments are either good or bad or ugly. Advantages: good ones with pure fun, frolic, knowledge dissemination through various media keep us in good moods, healthy thoughts and entertained. Bad ones can be ignored by matured audience or readers but nonetheless, they leave a bad impression on our minds. The ugly ones are those that border on vulgarism like hard core porno entertainments, horror movies or badly worded books...

History of the Internet, Internet, Online chat 2415  Words | 7  Pages

﻿ Lesson 1 A Review of Educational Technology 1 Advantages 1. Learning and awareness of the different educational technology tools, from traditional to modern educational media. 2. New methods for teaching and organizing material. 3. Knowledge of what type of media is appropriate to use in a certain instructional activity. In this sense, the computer is what we could use. 4. The realization that the computer is useful in teaching and proper integration of its capabilities in instruction is...

Education, Educational psychology, Educational technology 1252  Words | 5  Pages

﻿ Advantages and Disadvantages of Earned Value Management (EVM) Student Name: INF337: Integrated Cost & Schedule Control Instructor: Elliott Lynn October 6, 2014 The purpose of this paper is to compare and contrast the similarities and differences of earned value management (EVM) and how it could provide the project manager a better chance of having a successful project. When you are assigned as the project manger or any project, your goal is to meet...

Budgeted cost of work performed, Cost overrun, Earned value management 988  Words | 5  Pages

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...