Advantages Mixed economy has got the following advantages: Rapid economic development Inmixed economy both private and public sectors work side by side. The combined efforts lead to rapid economic development. The economic resources of the economy are used efficiently. Wastages of resources are minimised. Lesser inequality of income: Right to own property is granted. Law of inheritance is also applied‚ so certain members of society grow richer and richer. Public sector in the economy tries
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their gods and to be able to use those phenomena for their benefits more efficiently‚ i.e. to minimize the negative effects and to increase the positive effects. For example‚ some measures had to be taken against heavy rain and flood while the wind was used for windmill. Consequently‚ following essential parameters were started to be observed and to be evaluated by using very simple techniques and methods: Wind Air temperature Humidity Precipitation Air pressure Sun Visibility Clouds
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topic: Advantages and disadvantages of functional structure. These days‚ most large manufacturing organizations have a functional structure. The functional structure describes an organizational structure in which the division of work is paramount. Jobs and activities are grouped together. The structure may be divided is various ways‚ including (among others) production‚ finance‚ marketing‚ sales‚ and personnel or human resources departments. The functional structure has both advantages and disadvantages
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The advantages and disadvantages of city life Thesis Advantages -A city no doubt offers many tempting comforts and conveniences‚ pleasures and pass times‚ openings and opportunities‚ and that is why people from the country-side are pouring into it in thousands. In a city‚ there are schools‚ colleges‚ business houses and technical institutes‚ hospitals‚ charitable institutions‚ hospitals‚ cinemas‚ play - grounds‚ stadiums‚ parks‚ gardens and easy means of transport and communication
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Advantages and Disadvantages of Social Networking By Donna Cosmato Whether you are a social network addict‚ a novice dabbler‚ or you are thinking about trying online networking‚ you probably have some questions about the advantages and disadvantages of social networking. For example‚ can it really increase one’s productivity or does it just waste valuable time? How safe is it? Before you invest too heavily in online social communities‚ be sure to do your due diligence so you are aware of the risk
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Advantages and Disadvantages of a Large College Advantages of a large college A large college has a lot of advantages. First of all‚ a large college has a big campus. In addition‚ it has a lot of students‚ so anyone can make more friends. It also has a lot of facilities like huge library‚ cafeteria‚ playground‚ swimming pool etc. A large college gives students more chance to know a variety of students‚ teachers and scholars. Finally‚ a large college offers other rare opportunities like theatre
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Essay Number 1 What are some advantages that our federal form of government has over a strong national government in a highly centralized system? What are some disadvantages of a federal system like ours? Advantage The simple majority system‚ like others plurality / majority‚ is defended fundamentally for its simplicity and for its tendency to favor winners who are responsible for a geographically well-defined area. The most frequently cited advantages are: Provides a clearly defined choice to voters
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in-house; hence recruitment and operational costs can be decreased to a great extent. This is one of the prime advantages of offshore outsourcing to make the company operation cost-effective. The Disadvantages/ Weaknees of Offshore Outsourcing Even though offshore outsourcing gives advantage mainly on cutting the cost site but the other way offshore outsourcing sometimes bring disadvantage to the company. A company must identify what is the
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The advantages and disadvantages of probation and parole What is probation? Probation is a court order sentencing that consist of the defendant to either serve or complete the remaining sentence of imprisonment in a supervised community. The defendant that’s assigned to completing a probation sentence will be under supervision of an officer of the court; which are referred to as a Probation Officer. Probation is one of the most common criminal sentencing processes in the United States. A probation
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firm invests directly in facilities to produce and/or market a product in a foreign country (charles w.l.hill‚ "International business"). FDI takes on two main forms; the first is a green-field investment‚ which involves the establishment of a wholly new operation in a foreign country. The second involves acquiring or merging with an existing firm in the foreign country. On the other hand‚ FDI is divided into two kinds; horizontal FDI (market-expansion investments) which is investment in the same industry
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