ADVANTAGES OF VERTICAL INTEGRATION It leads to reduction of transportation costs as the common ownership results in closer geographic proximity. The transaction costs can be controlled if a firm acquires the other firms in the vertical chain‚ then one division of the same company will transfer goods to other divisions. So‚ transaction costs in form of transport‚ cost of negotiation‚ cost of control etc. will be eliminated. The overall average cost of the firm will decrease because if the divisions
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What Are The Advantages And Disadvantages Of Theory X And Theory Y? Douglas McGregor’s Theory X and Theory Y have both their advantages and disadvantages‚ though many would prefer to call them their strengths and weaknesses. The biggest advantage of using Theory X and Theory Y is that they are easy to understand. In addition to this‚ they can help a manager to focus on his thoughts on the different ways in which individuals relate to and carry out work. Although the theories are not used explicitly
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Advantages and disadvantages of using Internet. Nowadays almost everyone in the world have had a contact with computers. A great part of them has been using international computer’s net known as Internet. I think using internet has more advantages then disadvantages. First of all‚ Internet provides access to a lot of information. Some of them are very useful in your job other helps in your hobby. Searching the net with Google‚ you can find everything you want. You can also do shopping using Internet
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Advantages and Disadvantages of Sole Proprietorship Profits and Losses – Advantages: Proprietor receives all the profits because he or she takes all the risks. Disadvantages: Losses are not shared. Liability - Disadvantages: 1) The proprietor has unlimited liability. 2) If the firm is unable to pay its bills‚ the proprietor can be force to sell personal assets as well as the business to pay debts. Management – Advantages: 1) Decisions on starting and running the business can be made
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What are the advantages and disadvantages of intellectual property in the digital age? Intellectual property (IP) is an umbrella term that covers copyright‚ patents‚ trademarks‚ designs‚ circuit layout rights‚ plant breeders’ rights and confidentiality and trade secrets. Each of these terms covers a different type of property that is made up of knowledge. Many of these terms cover physical objects‚ however it is the idea behind them that counts and needs to be protected. The above terms are all
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Advantages and Disadvantages of Robot Technology Many type of robots that have been created and developed by the engineers to help human managing and assisting human in daily tasks. Robots are simply machines that have the ability to perform specific tasks and typically controlled by a computer or collection of computers. The robot can only perform those tasks for which they have been programmed. Main advantage of the robot technology is the increasing in productivity‚ safety‚ efficiency
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Topic: Are there more advantages or disadvantages when having an only child? Contents Introduction Page 3 Scope Page 4 Methodology Page 6 Why do parents choose to have an only child? Page 6 How does being an only child advantage/disadvantage the family? Page 8 How does being an only child advantage/disadvantage the child? Page 10 Conclusion Page 12 Bibliography Page 13 Appendicies Appendix One: Survey
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Advantages and disadvantages of using CAD Advantages * Can be more accurate than hand-drawn designs - it reduces human error. * You can save and edit ideas‚ which makes it easier and cheaper to modify your design as you go along. * You can modify existing ideas‚ which saves time. Disadvantages * The software itself can be expensive so initial costs are high. There are free software packages though. * Staff need to be trained how to use the software‚ which also adds to costs
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Advantages and Disadvantages of the uniforms in the schools Students all around the world have worn school uniform for many years. Many schools in Japan‚ France‚ USA and Israel‚ oblige students to come to school with a uniform. Wearing school uniform has advantages and disadvantages. Ones of the principal advantages are; that schools can be identified by the public. Everyone is the same; no one can set fashions or be teased for wearing weird or out of fashion clothes. Often makes kids behave better
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There are advantages and disadvantages in every war that can either be minute details or change the whole course of the war. In the Revolutionary war‚ there were many advantages and disadvantages of either side. America and Britain both had different things working for them or against them‚ many of these things were very significant by the end of the war. Although both sides had various advantages and disadvantages‚ America’s advantages outweighed those of the British. In the war‚ America had
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