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Q: What are the disadvantages of being a formal enterprise?
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What are advantages and disadvantages of enterprise?

The advantages and disadvantages of different forms of business ownership are of immense importance when it comes to choosing any one of them.


Disadvantages of formal organization?

Disadvantages of formal (or functional) organization are:- No one has overall responsibility on a project- Employees have their time split between projects (thus no dedication to a certain project)


What is the definition of a large scale enterprise?

cThere is no formal definition of the size of a large firm, although it is seen as larger than a medium enterprise, which generally is defined as an enterprise having less than 250 employees.


Disadvantages of informal and formal sources?

Formal sources of credit have many disadvantages, as they are manages by banks and cooperatives and have no leeway. Informal sources of credit may be easier to repay, but the loan amounts will be smaller.


Disadvantages of being a musician?

There is no such thing as disadvantages for being a musician.


What are the advantages and disadvantages of Enterprise Java Beans?

The advantage of Enterprise Java Beans is that they standardize coding thus expediting the fulfillment of application requirements. The disadvantage of Enterprise Java Beans is that their integration into an application is often complex and challenging.