comparative advantage are less valuable than initially perceived for the development of a strong‚ competitive economy. The new type of development is one that involves the whole market and all institutions in the economy. Productivity is that component which creates a competitive advantage rather than a comparative advantage; the latter only addresses only the supply side of the market system and ignores demand‚ historical chance and the role of government. Indeed‚ the model of competitive advantage addresses
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There are many disadvantages of DTCA as there are advantages. Like‚ damaging relationship with their health-care provider‚ misinforming patients‚ overemphasizing drug benefits‚ inappropriate prescribing‚ promotion of new drugs before safety profiles are fully known‚ and most important of all increasing health-care costs. DTCA is often criticized for its potential impact on the patient-provider relationship. Providers often find themselves challenged with increased work and frustration when a patient
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own house. On the radio set‚ one can only hear the voice of the speaker but on television one can even see his own picture. This invention has brought about a revolution in the fields of entertainment‚ education and communication. The greatest advantage of television is that one can watch its programmes at home. One need not go out for it. Television has great educative value for school and college students. It is a boon for a developing country like India. India is a vast country. It has an area
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knowledge. Parents or other community members‚ who knew how to do a job necessary for survival‚ passed their knowledge on to the children through direct instruction. Advantages : * Trainees are provided with job experience‚ an invaluable asset for achieving gainful employment. * Trainees are exposed to the numerous advantages that are associated with being employed. They earn an income through a stipend but they also become more familiar with interpersonal relationships‚ networking‚ responsibility
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The Advantages & Disadvantages of School Uniforms The Advantages & Disadvantages of School Uniforms According to the National Center for Education Statistics (NCES)‚ the number of public schools that implement a school uniform has significantly risen in the last 10 years. In 1999‚ 12 percent of public schools had a uniform. By 2008‚ 18 percent had adopted a uniform for students. The NCES considers school uniforms to be an "indicator of school crime and safety‚" and safety is one of the
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Advantages and disadvantages of computer Advantages of computer:- When Charles Babbage invented the computer decades ago‚ he would probably not have realized the impact it would have on mankind’s future. The importance of computers in today’s world can hardly be over-emphasized. Computers have become so much an integral part of the modern age that we also call this period as the computer age. In the initial years‚ the computer was a huge and complex machine that was used for difficult work like
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OMTEX CLASSES “THE HOME OF SUCCESS” (Essay) Advantages and disadvantages of television Nowadays many people all over the world spent most of their free time watching television; but since its appearance‚ television has brought to man many advantages as well as disadvantages. First‚ television plays an important role in our daily activities: it keeps us informed of all current affairs in the world. Events through television are more vivid than those through books andmagazines. . Our knowledge
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Advantages and Disadvantages of the Internet The Internet has developed since the first computer was ever made. It has got better and better now. It’s so common that you will find a computer in every house in your neighborhood. Everyone who owns the computer must be using it because most of the time we need the computer. Although the Internet is important to us and we use it every day‚ there are still many disadvantages of using the Internet. In my essay I will share with you the advantages and
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The advantages and disadvantages of television Nowadays many people all over the world spent most of their free time watching television; but since its appearance‚ television has brought to man many advantages as well as disadvantages. First‚ television plays an important role in our daily activities: it keeps
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Advantages and Disadvantages of Aging As an individual gets older there are physical and mental changes that will occur. It might start with grey hair‚ skin that appears dull looking‚ a line across the forehead that intensifies into a wrinkle or difficulty remembering even the smallest of things. With this shifting world around us; everyone has different thoughts and feelings about getting older. Some people are afraid to get older because of the numerous disadvantages while others anticipate it
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