Identify, Volunteers and customers, Outline, Identify the vacancy. Carry out the job analysis identifying where a job actually exists., Describe, The private sector involves organisations who are owned by private individuals who aim to make a profit., Discuss, An advantage of a bank loan is that large sums of money can be borrowed. A disadvantage of a bank loan is that interest needs to be paid on instalments., Explain, Brands are easily recognised which means that customers may buy more due to them being familiar, Justify, The product life cycle is useful way to identify stock level, preventing under and over stocking., Compare, Sole traders aim to make a profit whereas charities aim to raise donations.

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