still leave cultural footprints around the world and renders nations to be the same in culture. Through Vietnam‚ again‚ it is well seen with the image of French cuisine or Chinese architecture after these nations invaded Vietnam years ago. Advantages and disadvantages are noticeable. On one hand‚ this trend reduces people’s expense for travelling since they find that there is no urge to go somewhere to explore the world. I n addition‚ developing and poor nations whose culture is backward
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The advantages of a mixed economy are many. Depending on the ratio of capitalistic elements to socialist or mercantile elements‚ there are many freedoms in a mixed economy. People may go into business for themselves‚ decide what they will produce or sell‚ and set their own prices. Business owners and merchants pay taxes‚ but they reap the benefits of those taxes through social programs‚ roads and other infrastructure elements‚ and other government services. The mixed economy is helpful in increasing
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to effectively cater to target groups and unchanging poverty levels (Tony Addison 2008). This essay focuses on advantages and drawbacks of micro-credit schemes. Advantages of Micro-Credit Micro-credit scheme is not only to allow the poor obtaining an opportunity to change their lives but also to improve the economic conditions in our society. Firstly‚ the most and important advantage towards micro-credit is that it gives the poor an opportunity to loan a small amount of money. Nowadays‚ financial
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with New Zealand and Israel that does not‚ as yet‚ have a written constitution and discussed further shall be the question of whether the unwritten nature of the UK constitution is an advantage or if in fact we do need a full written constitution to “bring us in line with the most progressive democracies in the world”. The purpose of a constitution is to prevent the government
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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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ADVANTAGES OF VERBAL COMMUNICATION ARE; No use of technology to interact that would waste natural resources. It is the fastest way of interaction with each other. It is less expensive to interact with people. It is easier to understand a conversation than some other multimedia means of communication. During verbal communication you can utilize nonverbal cues such as tone‚ body language‚ inflection. You can have long conversations. And does not require lots of repetitions. Because it is clear
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for talking on phone while driving‚ on a Texan driver. It is the highest fine imposed in the world‚ for someone using mobile phone while driving. Many accidents can be averted if people are cautious‚ and avoid cell phone usage while driving. Advantages and Disadvantages of Mobile Phones in
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WHAT ARE ADVANTAGES AND DISADVANTAGES OF TELEVISION ? Television is an important form of communication and has been for many years. Television brings important historical events‚ both positive and negative‚ directly into our homes. People don’t just read about current events‚ they experience them in real time. Television can also be a fine teaching tool – there are many television shows on the air that are informative and educational. The right television shows can teach our children about morals
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THEORY OF ABSOLUTE ADVANTAGE “If a foreign country can supply us with a commodity cheaper than we ourselves can make it‚ [we had] better buy it of them with some part of our own industry‚ employed in a way in which we have some advantage.” -Adam Smith (WN‚ IV.ii.12) This means that a nation produces and exports those commodities which it can produce more cheaply than other nations‚ and imports those which it cannot. A nation will not produce a good that is produced more expensively at
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Competitive Advantage ”A company can outperform its rivals only if it establishes a difference that it can reserve”. - Michael Porter The unique skills and assets a company has to outperform its rivals are the sources of competitive advantage. The competitive advantage results from implementing a value creating strategy that is not implemented simultaneously by its competitors. The strategy attains sustainability if the competitors are unable to erode the strategic advantage the company has
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