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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