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What are the Advantages and Disadvantages of Observational Methods of Psychology?

Observation forms the basis of any scientific enquiry. It is the primary mode of acquiring knowledge about the environment. Through systematic observation, and a process of induction, the investigator forms hypotheses, which are tested later by using experimental methods.

By |2011-01-28T10:10:13+00:00January 28, 2011|Psychology|Comments Off on What are the Advantages and Disadvantages of Observational Methods of Psychology?

What are the advantages and disadvantages of Introspection Method of Psychology ?

The introspection method has advantages as well as disadvantages. First, let us consider the advantages. It is an easy and simple method and provides direct observation of mental processes. By other scientific methods, the mental processes cannot be directly observed since those are purely private and personal experiences.

By |2011-01-28T05:58:34+00:00January 28, 2011|Psychology|Comments Off on What are the advantages and disadvantages of Introspection Method of Psychology ?

What are the Advantages and Disadvantages of Joint Stock Company?

While opting company form of business, the entrepreneur should clearly gone through the distinction between company with partnership form of business. The next step arises a regard to why to go for company form of business. The following points depicts the advantageous points of this form of business.

By |2011-01-18T13:10:56+00:00January 18, 2011|Business|Comments Off on What are the Advantages and Disadvantages of Joint Stock Company?

What are the advantages and disadvantages of Sole Proprietor Form of Business?

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.

By |2011-01-15T03:09:57+00:00January 15, 2011|Business|Comments Off on What are the advantages and disadvantages of Sole Proprietor Form of Business?
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