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What Are the Advantages of Carrying on a Business Venture

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What are the advantages of carrying on a business venture as a partnership rather than as a sole proprietorship?


Definitions:

SMEs

Small and medium-sized enterprises; businesses with personnel numbers falling below certain limits.

Training Methods

Techniques and approaches used to impart knowledge and skills to individuals or groups, with the aim of improving their performance and productivity.

Job Rotation Training

A method of employee development where individuals are moved through a series of jobs to gain a broad understanding of the business and diverse skills.

Job Rotation

A human resource strategy involving the movement of employees through a range of jobs in order to increase interest, motivation, and skills by exposing them to different experiences.

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