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Many people work in established organizations, which form part of the formal sector. Some of the advantages are that you will get a regular income and certain employment benefits such as medical aid coverage and contributions to a pension scheme.
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What are formal sector loans?
Loans from banks and cooperatives
Characteristics of formal groups?
A formal group has specific members assigned to the group. A formal group also has a clear objective to work towards when they meet.
Describe the six forces of task environment?
industry sector , raw materials sector , human resources sector , financial resources sector , market sector , technology sector , economic conditions sector , government sector ,
Internet banking comes under which sector?
service sector (tertiary sector)
What is the difference between public sector and Private for-profit sector?
The public sector is a government (city, state, national); the private sector is a business. Public sector jobs are publicly-funded (by taxes, for instance) whereas private sector jobs depend on the revenue of the business
The characteristics of formal group?
the characteristics of formal group
Differences between the bookkeeping system of the informal sector and the formal sector?
differences between the bookkeeping systems of informal and formal sectors
What is formal sector give example?
Examples of the formal sector of the economy are parts that have a reported payroll. It also has income taxes, payroll taxes, and is regulated.
What are the contributions off entrepreneurs to the formal sector?
Entrepreneurs are important to the formal sector because they create jobs. They create positions both for professionals and for unskilled workers.
What are formal sector loans?
Loans from banks and cooperatives
Characteristics of formal education?
the
What is the characteristics of formal languages?
a
What is the definition of formal geography?
Formal- defined by common characteristics
What are the Characteristics of formal report?
One of the characteristics of a formal report is that it will be either informational, or analytical. Formal reports stay focused on their point and do not veer off.
What are the Advantage of formal sector?
Job security and paid sick leave
Who is a polluter?
poor households, informal sector firms small and medium-size firms from the formal sector exporters in developing countries
Characteristics of the informal sector?
An informal economy is the part of any economy that is neither taxed nor monitored by any form of government. Although the informal sector makes up a significant portion of the economies in developing countries, it is sometimes stigmatized as troublesome and unmanageable. However, the informal sector provides critical economic opportunities for the poor and has been expanding rapidly since the 1960s. Integrating the informal economy into the formal sector is an important
