Having good and/or adequate financial means during retirement becomes an important factor to all employees at some point in their working career. The United States government currently offers Social Security Benefits to retirement age citizens to supplement their retirement income. However‚ Social Security Benefits are not guaranteed to be available for people who become of retirement age in the upcoming years. This is one of the many reasons to consider alternative savings plans to fund retirement
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Advantages and Disadvantages of information technology in Business Advantages: Increases production and saves time: Business use technology to automate tasks. A good example is a bakery which uses automated temperature censors to detect any drop or increase in room temperature in a bakery. These censors will send information directly to the operator and report any temperature change. This saves the bakery time and it also results into quality products. Improves communication through communication
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1 Developing Communication Strategy Advantages and Disadvantages of Different Types of Media Different media have different strengths‚ weaknesses‚ drawbacks‚ advantages and costs. An effective communication strategy usually uses a mix of at least 2 or 3 different types. Choice of media and format depends on: 1. your audience(s) √ 2. your budget √ 3. the communication channels best for your specific audience(s) and √ 4. how long the communication intervention will continue 5. and how critical
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The Advantages And Disadvantages Of Cloning Since the cloning of Dolly the sheep in 1996‚ cloning has become something of a buzzword‚ especially in scientific circles. Formerly a staple of science fiction stories‚ it entered the public consciousness as it never had before. Not surprisingly it has generated controversy‚ with many of the objections coming religious organizations. Ethical implications aside however‚ there are however‚ advantages and disadvantages to the practice of cloning. Those listed
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The advantages of having a diverse organization The world’s increasing globalization requires more interaction among people from diverse cultures‚ beliefs‚ and backgrounds than ever before. People no longer live and work in an insular marketplace; they are now part of a worldwide economy with competition coming from nearly every continent. For this reason‚ all organizations need diversity to become more creative and open to change. Maximizing and capitalizing on workplace diversity has become
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entertainment from digital TV to video games. This means that there are fewer tasks to do‚ more time to do nothing and more opportunities to sit around and be entertained without moving very much. As we can see‚ there are both advantages and disadvantages to this. I will deal with the advantages firstly. I think‚ there are at least two positive effects of this. First of all‚ we don’t need to do repetitive and uninteresting job like washing-up and this gives us more time to do other things. What we do with this
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Advantages and disadvantages of sampling methods Type Description Advantages Disadvantages Stratified This requires one to be bias towards their data. For example‚ if you knew the proportion of pensioners in an area was 30% and you wanted to represent this in your sample you would ensure that pensioners’ answers only made up 30% of your sample. It can be used with random or systematic sampling‚ and with point‚ line or area techniques If the proportions of the sub-sets are known‚ it can generate
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What are the main advantages and disadvantages of foreign direct investment as a means of entering new markets? Support your answer with real examples‚ where possible. Introduction Globalization describes the process by which regional economies‚ societies‚ and cultures have become integrated through a global network of communication‚ transportation‚ and trade. Bhagwati (2004). Big part of globalization is Foreign Direct Investment. Foreign direct investment (FDI) can be defined as the
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find them useful. best wish‚ It is evident that the use of mobile phones (or has both positive and negative impacts)/ brings us many problems as well as benefits‚ and thus there is an opinion that the demerits/disadvantages brought by a mobile phone prevail over the merits/advantages. Personally‚ I disagree with this view (ambiguous‚ i am not clear what view you disagree with‚ the first sentence should be separated into two small ones.). On the one hand‚ a mobile phones poses have some negative
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Advantages and disadvantages of television viewing In this new era of science and technology‚ we have incorporated technology into our everyday lives. In fact‚ we cannot live without electrical appliances that we call necessities and the television is one of them.Much has changed since the first television was invented - from black and white to colour televisions. For some‚ the television is a window to the modern world. By viewing the programmes that are aired on television‚ we can gain a lot
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