What are the advantages and disadvantages of letters of credit? http://www.answers.com/Q/Advantages_and_disadvantages_of_Letter_of_Credit Letter of Credit Advantages for both Importers and Exporters For the Exporter/Seller: Upon presentation of the specified documents (in strict conformance) the Buyer/Exporter is guaranteed payment (the exception is if the Issuing Bank folds) Eliminates risk of the buyer canceling the order and therefore reduces production risk Makes it easier for the Buyer/Exporter
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the disadvantages as well to help you be aware of these and take action to reduce the impact. The Advantages and Benefits of In-House Training include: * Training Cost saving – the cost per delegate is typically less when compared to sending the same number on to public training courses. * Travel Cost saving – no need for employees to travel any further than their offices and incur extra costs. * More specific – generally running a course for a single client allows the training to focus
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2. List and explain in detail 3 advantages and 3 disadvantages of EHRs. Do not just list your answers. (List all reference at end of disadvantages) Advantages: 1. Improving data access and time saving. EHR provide immediate access to a patient record‚ previous handwritten charting system did not give such ability. EHR eliminate the process of physical labor (transporting‚ delivery‚ hand filing). These systems reduced human errors in misplacing charts and patient’s medical records. With implementing
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Advantages and Disadvantages of Decentralisation Decentralisation means diffusion of authority. The dispersal of authority of decision- making to the lower level management is termed as decentralisation. Decentralisation of authority is a fundamental phase of delegation and the extent to which authority is not delegated is called centralisation. Here got some advantages and disadvantages of decentralisation. Firstly‚ distribution of burden of top executive. Decentralisation helps to its executive
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What is intelligence? Sattler describes a famous symposium conducted in 1921 at which 13 psychologists gave 13 different definitions of intelligence (1992‚ pp. 44-45). Some of these definitions are paraphrased below: Intelligence is. . . the tendency to take and maintain a direction. . . judgment‚ otherwise called good sense‚ practical sense‚ initiative. . . everything intellectual can be reduced to . . . relations or correlates. . . adjustment or adaptation to the environment. . . global capacity
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Advantages and Disadvantages of a corporation- Advantages: * Separate legal entity * Limited Liability * Ease of capital generation * Lack of mutual agency * Continuous existence * Centralized authority and responsibility * Professional management Disadvantages: * Government Regulation * Double taxation * Limited Liability * Separation of ownership and control Advantages and Disadvantages of using common stock to finance your business- Advantages:
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A gadget is a device or appliance having a unique purpose and function. At the time of invention‚ a gadget is often way ahead of its peers in terms of novelty and uniqueness. This is what makes them‚ so desirable and ’cool’! The top ten gadgets that changed the world are debatable. Nevertheless‚ popular choices would be the television‚ telephone‚ camera‚ movie camera‚ microwave oven‚ video cassette player and recorder‚ video gaming consoles‚ Sony’s Walkman‚ IBM’s personal computer or PC and the
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defined as political system and orientation including individuals standing by the government or by the individuals they have elected to represent them. Democracy entails numerous advantages but this is also tied to some disadvantages. Advantages of Democracy Protects the Interest of Citizens One of the topmost advantages of democracy is the protection of people’s interest. Real power lies in the people exercising it by means of representatives duly elected by the citizen. It is known that economic
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Advantages and Disadvantages of Outsourcing Outsourcing is an allocation of specific business processes to a specialist external service provider. Most of the times an organization cannot handle all aspects of a business process internally. Additionally some processes are temporary and the organization does not intend to hire in-house professionals to perform the tasks. Once the task is outsourced to the service provider‚ he will take the responsibility of carrying out the tasks and maintaining
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NAME: KARAN BELLANI SR NO. | TOPIC | PAGE NO | 1 | INTRODUCTION | 3 | 2 | HISTORY OF BANCASSURANCE | 4 | 3 | BANCASSURANCE MODELS | 5 | 4 | ADVANTAGES AND DISADVANTAGES OF BANCASSURANCE | 7 | 5 | DEUTSCHE BANK TIE UP WITH BIRLA SUN LIFE AND BAJAJ ALLIANZ INSURANCE CO. | 9 | 6 | CONCLUSION | 11 | 7 | ACKNOWLEDGEMENT | 12 | 8 | BIBLIOGRAPHY | 13 | INTRODUCTION The business of banking around the globe is changing due to integration of global financial markets‚ development of
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