well as the advantages and disadvantages of each source. In order to make effective decisions and coordinate the decisions and actions of the various departments‚ a business needs to have a plan for its operations. Planning the financial operations of a business is called budgeting. Although budgeting allows the organization to plan their work and work towards their plan‚ it also has both advantages as well shortcomings that can affect an organization’s progress. The main advantage of a budget
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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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3. FTAs – advantages and disadvantages The principal point of Free Trade Agreements is to secure trade liberalisation. While the traditional debate about FTAs is the danger that they can divert rather than create trade‚ the record to date suggests there has been little diversion and that FTAs and regional agreements have been effective in encouraging wider trade liberalisation. A practical advantage of FTAs is that they are quicker and easier to negotiate than multilateral agreements because fewer
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Advantages and Disadvantages of Computer: Almost every home‚ office‚ or school has a computer of some kind these days. It may seems at first that having a computer brings only benefits‚ but further consideration shows that it also has disadvantages. First of all computers are very useful at school. It helps students to revise for tests or exams and makes subjects more interesting. Pupils can also learn new vocabulary and grammatical structures. Furthermore it allows students to become familiar
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Lydon State University MBA (Finance) Subject:- International Business Topic:- Advantages & Disadvantages MNC to the host Country ( KSA) Submitted To :- Mr. Arman Submitted By:- Anum Latif Date:- 17 / 01 / 2012 Advantages:- | * Research and development activities: Developing countries lack in research and development areas. Expenditure on research and development is essential for the promotion of technology. Multinational corporations have greater capability for research
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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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of people to keep in touch with each other although they are a million of miles away‚ even stresses out overseas. Although humanity has benefited from the resources and convenience provided by telecommunication‚ contradicting these are the disadvantages of telecommunication if misused‚ brutalized and abused. ”Communication ties together the parts of the society just as the nervous system ties together the parts of an individual. From earliest times‚ when the only form of communication was speech
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advantages and disadvantages of normalization. The process of normalization brings about organization to the database that it is applied to. Normalization makes everyone’s job easier due to the fact that it gets rid of as much useless data as possible. Repeated data is processed and simplified into single data. Repeated data‚ for example such as having someone named JOHN DOE in one table and the same person’s name JOHNNY M. DOE in another table. Modifying a table with as little data as possible
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|Entry Mode |Advantages |Disadvantages | |Joint Venture |Gain immediate access to local partner’s knowledge‚ |Coordination between partners may not be smooth | | |expertise‚ networks‚ and market share |Political risk exposure is high | | |Development
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Advantages and Disadvantages of Internet Name Institution Man has come an extremely long way from during his journey from Neanderthal to Homo sapiens. The nineties saw a significant turn around‚ when they invented the computers. Until‚ some few years back‚ the word internet was anonymous to many people. However‚ today the internet has evolved into the powerful communication equipment for individuals around the world. The internet is a collection of various resources and services (Buchanan‚ 2002)
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