Business, 07.06.2021 14:00 kbuhvu

Explain its pros and cons of three bin system

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Answer from: meleaallison

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3 advantages and disadvantages of using Bin cards

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Advantages of Bin Cards :

(i) There would be less chances of mistakes being made as entries will be made at the same time as goods are received or issued by the person actually handling the materials.

(ii) Control over stock can be more effective, in as much as comparison of the actual quantity in hand at any time with the book balance is possible.

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(iii) Identification of the different items of materials is facilitated by reference to the Bin Card the bin or storage receptacle.

Disadvantages of Bin Cards :

(i) Store records are dispersed over a wide area.

(ii) The cards are liable to be smeared with dirt and grease because of proximity to material and also because of handling materials.

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(iii) People handling materials are not ordinarily suitable for the clerical work involved in writing Bin Cards.

please make my answer as a brainlist answer

Answer from: Quest

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

Answer from: Quest

these are the four factors that influence enterpreneurship development

1. economic development

2. culture

3.technological development

4. education

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