Answer:
Kindly check explanation
Explanation:
Small businesses may be defined based on various criteria ranginging from the size of running capital, number of employees and even customer base. What is obvious is that most small business require very little capital, limited number of employees and small market size. Small businesses offers the following advantages :
Financial liberty which affords it's doers the ability to cater for themselves or buttress on their initial EARNING.
INCREASED RESPONSIBILITY : Business owners take absolute charge of business decisions thereby broadening their scope and offering more independence and greater control.
Another advantages of having a small business is the fact that efforts and commitment put into the sustenance and growth of the business will be duly reaped by the owner. Rather than having to work for someone else to earn a greater portion of the return.
However, it also has its disadvantages which ranges from :
Exposure to financial risk arising from business collapse such that one has to deal with the burden alone.
The effort put in to keep business aloft may become overwhelming due to lack of adequate employees which may result in health impairment.
It can be beneficial of a company to undertake some steps of one project simultaneously if the parts of the project go together. When a company focuses on different aspects of a project that relate at the same time, they will likely receive completion the of project parts at the same time. They can also benefit by learning as they go and adjusting the different steps to compliment their corresponding parts at the same time.
Answer:
What are the three basic categories of control? Educational/awareness, physical, supervision 5. How do you implement controls? Ensure controls are communicated to those involved in the activity.
The channels through which advertising is carried to prospective customers are advertising is: advertising media.
<h3>What is advertising?</h3>
Advertising can be defined as the way of creating product awareness so as to generate sales.
Hence, Advertising media tend to play an important function when it comes to creating product or brand awareness based on the fact advertising media is a channels through which advertising is carried to prospective customers.
The complete question is:
The channels through which advertising is carried to prospective customers; includes newspapers, magazines, radio, television, outdoor advertising, direct mail, social media, and the internet.
Learn more about advertising here:brainly.com/question/1658517
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There are different types of banks according to their classification. There are seven major type of banks that exist including retail, corporate, commercial, exchange, industry, cooperative and central.
Explanation:
1. A bank that specializes in retail or consumer banking in a local market.
Commercial Bank
This type of bank is based on shoort term credit and ease of withdrawal.
II. A bank that engages in a complete array of wholesale commercial banking activities and usually also provides retail banking services.
Industrial banks
These banks have large capitals that they invest in commercial activities.
III. A bank that is located in a financial center and relies on nondeposit or borrowed sources of funds for a significant portion of its liabilities.
Central Bank
these banks are often regulated and controlled by the government of the country.
