Discuss the advantages and disadvantages of budgeting as a system of organisational control. A budget is a short-term financial plan of income and expenses expected over a certain period of time (usually one year) used to achieve a businesses objective. Budgeting can be useful for exercising control over a business because of its nature as a representation of a plan. Control is generally viewed as making events conform to a plan. As a budget is represented as a plan‚ allowing events to conform
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This is the first commercial ISP and is presently operated by Singapore Telecoms. As more Singaporeans demanded Internet access‚ the Telecommunication Authority of Singapore (TAS) decided to further open the market and allow for more ISPs. A total of three licenses were awarded. In October 1995‚ Technet Unit ceased operation. It was bought by a consortium comprised of Sembawang Media‚ Singapore Technologies-Computer Systems and Services‚ and Singapore International Media. Technet Unit was renamed
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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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List and describe three major advantages of franchising for the franchisee. 1. The most valuable advantage to a franchisee is that you are selling a proven product or service. (Hatten 112) Having a product or service that customers are aware of‚ they know the name and they know what to expect‚ is essential for a franchisee. 2. Franchising often gives the franchisee important pre-opening and on-going support. Such as marketing expertise‚ financial assistance to professional guidance. Professional
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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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Advantages and Disadvantages of Biometrics Let us now examine the advantages and disadvantages of biometrics in two groups of applications: the commercial positive recognition applications that may work either in the verification or the identification modes‚ and the government and forensic negative recognition applications that require identification. Advantages and Disadvantages of DNA Testing in Biometrics Solutions The ongoing project to map the human genome affects all of us in several
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favorable opinions of the police."(Weitzer & Tuch‚ 2006‚ p. 45) Together‚ in partnership‚ the community and police department work together to achieve a common goal of a safer‚ better place to live. It is "democracy in action."(BJA‚ August 1994‚ p. 4). Community policing is seen as an effective way to promote public safety and to enhance the quality of life in a community. Community policing plays a pivotal role in the two defining elements of policing: police-community relations and problem-solving
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In business‚ outsourcing engages the contracting out of a business process to another party (compare business process outsourcing). Outsourcing occasionally involves transferring employees and assets from one firm to another‚ but not always. Outsourcing is also the hold of handing over control of public services to for-profit 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
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In Product Development What is the Advantage and Disadvantage of Open Innovation Versus Stage Gate Innovation What & How Open Innovation is a paradigm that belief in world full of knowledge‚ we cannot rely on only our own sources but also get the idea from another party‚ by building a partnership or buying the idea‚ although it has a danger that we can reveal an information that not meant to be shared but it has a bigger chance hitting the market successfully. Stage Gate innovation contains that
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What are the advantages and disadvantages to outsourcing in the global marketplace? In these times of great globalization where many countries have erased their borders when it comes to trade outsourcing has become an option for many companies. Whether or not to outsource is a key question that companies must consider. According to the Pros and Cons of Outsourcing‚ “The decision to outsource or not is a matter of finding the right balance-the balance between managing labor costs‚ workflow‚ employee
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