ADVANTAGES & DISADVANTAGES OF TOURISM Advantages 1. Tourism provides foreign exchange (US dollars) which allows: i) The government to pay bills such as: a) Allows government to pay foreign debt. b) Allows the Bahamian dollar to stay on par with the US dollar. c) Allows government to pay the thousands of persons employed in government their monthly salaries. d) Allows government to have money to do road works‚ school construction and all other governmental works. ii) Allows Bahamians
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Advantages and Disadvantages of Electronic Communication Technology in Modern Communication Communication is needed for decision making‚ co-ordination‚ control and planning. Communication is required for processing information in the accounting department‚ finance department‚ personnel department‚ establishment‚ of public relations‚ sales department‚ market research‚ production department‚ purchase department etc. Communication with the government‚ shareholders and prospective investors‚ customers
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As you know nowadays almost every home‚ office or school has a computer or even a few of these devices. Anyway‚ these modern technologies without which lots of people cannot imagine their lives have some advantages as well as disadvantages. To begin with‚ I would like to comment on the advantages. So firstly‚ computer gives you the opportunity to access a lot of information about everything not to mention the fact that you can store large amounts of information on the computer in a database. One
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corporation (online‚ 2016) Outsourcing is an deal in which a company provides services for another company that could also be or usually have been provided in-house. Outsourcing is a style that is becoming more common in information tools and other industries for services that have usually been regarded as inherent to managing a business. In some cases‚ the entire information management of a company is outsourced‚ including
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modern invention have speed up peoples lives amazingly.motor cars cover s 100 miles in just few time.all this saves time but at a price.mobile phones also have their dangers‚ according to scientists too much use of mobile phones may transmit harmful radiation into our brains. Our behavior‚ also felt the impact of modern technology. people seem to be in a rush‚ and increasingly impatient. The obsession in saving time results in many people trying to imitate computers in an effort to handle tasks
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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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entertaining a guest with goodwill. Hospitality in the commercial context refers to the activity of hotels‚ restaurants‚ catering‚ inn‚ resorts or clubs who make a vocation of treating tourists. Helped With unique efforts by government and all other stakeholders‚ including hotel owners‚ resort managers‚ tour and travel operators and employees who work in the sector‚ Indian hospitality industry has gained a level of acceptance world over. It has yet to go miles for recognition as a world leader
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Technology is a systematic knowledge and action‚ usually of industrial processes but applicable to any recurrent activity. Technology is closely related to science and to engineering. Science deals with humans’ understanding of the real world about them—the inherent properties of space‚ matter‚ energy‚ and their interactions. Engineering is the application of objective knowledge to the creation of plans‚ designs‚ and means for achieving desired objectives. Technology deals with the tools and techniques
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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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the economies of low- income countries‚ allowing them to grow more rapidly than developed countries. Foreign direct investment comes with its own costs and benefits‚ as the organization or business providing the funding is concerned with securing advantages in the nation in which it is investing. Business Sectors • Foreign investors may change the balance among types of businesses in a country. If investors from abroad decide that they want to invest in banks‚ rather than farms or manufacturing
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