consideration shows that it also has disadvantages. It can be admitted that tourism offers many advantages. The most obvious advantages is generating huge amounts of money which contributes considerably to the economic growth of an area. By attracting people from almost everywhere‚ the area can get much money in order to develop the other essential public services such as hospitals and schools. Another advantage is giving the citizen of the area the chance to escape poverty and attain a higher living standard
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blockade to wear down Japanese resistance and force their surrender. Advantages – 1. Would had led to the Japanese surrender 2. Gained full control over Japanese Disadvantages – 1. Put troops‚ pilots‚ and sailors at risk 2. More Japanese people would have died than in the two atomic raids Option #2 –By demonstrating the atomic bomb it would have shown the Japanese they faced total destruction if they did not surrender. Advantages – 1. Thousands of Japanese would have had to die 2. Us would have not
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ASSIGNMENT-1 SOUTHWEST AIRLINES CASE STUDY QUESTIONS 1. How does Southwest Airlines get its competitive advantage? 2. How does Southwest Airlines execute its strategy? 1. How does Southwest Airlines get its competitive advantage? Southwest Airlines uses a Cost Leadership Strategy‚ however most pricing strategists would agree that having a low price does not‚ in itself‚ constitute a competitive advantage. In fact‚ thinking that low prices are always a good strategy for competition is deeply misguided
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1. What are IKEA’s firm-specific advantages? Country - specific advantages? IKEA’s firm and country specific advantages could be the following: IKEA sells the same furniture all over the world‚ so IKEA rips huge economies of scale from the size of its stores and the big production runs necessary to stock them. IKEA also offers a low competitive price because of the economies of scale (30% lower than competitors) Exclusive relationship between IKEA and its suppliers‚ offering modern and exclusive
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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 international aids Cultural and economic advantages and disadvantages Introduction This chapter discusses the cultural and economic advantages and disadvantages for Australia that result from its Indonesian aid links. The discussed economic and cultural benefits include the long-term development of Indonesia and its region and the improvement of employment and investment opportunities for Australian businesses and of training opportunities. The discussed economic
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Advantages of Sole Traders It is easy to set up a sole trader. A person can set up a business immediately. There are few‚ if any‚ forms to fill in or procedures needed to set. Easier to run than any other types of business. The owner is in sole charge‚ easier in terms of decision making. Tax Advantages Taxed differently eg. NI contributions are low There are no legal fees to set the firm Control The owner is in sole charge – can make whatever changes they want No meetings required to implement
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under contract tutors. The first advantage of home tutors ‚ is that they are usually specialised or have craved a names for themselves in particular subjects . Their knowledge is first-rate and they convey the right information to their charges . Their outlook is professional . On the other hand‚there are some homett tutors who are just interested in moonlighting for the additional income.They are not truly qualified to teach the subjects. The second advantage is that some are passionate about
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things to think of and care for. He becomes shrewd in every motion. He adapts his labor to the material; he discriminates between the qualities of that material. He meets the little difficulties of his work with more skill and less waste. These two advantages of the division of labor are shown in the different wages which skilled mechanics obtain as compared with unskilled‚ able seamen with landsmen. 3d‚ It saves time‚ in passing from one work to another. In the making of a chair after the primitive
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1. Does Samsung have a competitive advantage? If so‚ how are they creating added-value compared to industry competitors? Make sure to quantify your claims. (In answering this question‚ you will find helpful information in exhibits 6-7k (but not only there)). a. Compare Samsung’s “value stick” to that of an “industry average” competitor and briefly justify any differences. (Remember that willingness-to-pay and willingness-to-supply are generally unobservable‚ but you can still engage in informed
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