economic requirements that EU members must meet before entering the third stage of the EMU. Over many years there have been several debates as to whether or not the UK should enter the European single currency. With regards to this debate there are many advantages for the UK to join the single currency that we should take into account. For example‚ if the UK was to enter this scheme then one advantage would be that the single currency should put an end to the days of currency instability in Europe
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Issue of bonus shares results in the conversion of the company ’s profits into share capital. Therefore it is termed as capitalization of company ’s profits. Since such shares are issued to the equity shareholders in proportion to their holdings of equity share capital of the company‚ a shareholder continues to retain his / her proportionate ownership of the company. Issue of bonus shares does not affect the total capital structure of the company. It is simply a capitalization of that portion of shareholders
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Efficient Information Exchange One of the advantages of implementing the matrix organizational structure in a business is that it can lead to an efficient exchange of information. Departments work closely together and communicate with each other frequently to solve issues. Efficient lines of communication enhance productivity and allow for quick decision-making. For example‚ in a matrix structure‚ individuals from the marketing‚ finance and product departments may confer with one another to formulate
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between a public company and a private company are explained in the following manner: 1. Minimum number of members The minimum number of person required to form a public company is seven‚ whereas in a private company their number is only two. 2. Maximum number of members There is no limit on the maximum number of member of a public company‚ but a private company cannot have more than fifty members excluding past and present employees. 3. Commencement of Business A private company can commence its
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ADVANTAGES AND DISADVANTAGES OF DECENTRALISING AUTHORITY. Decentralization is whereby daily operations and decision- making responsibilities are delegated by top management to middle and lower level managers within the organization except that which can only be exercised at central point. For example Olivine industries‚ it has branches in different towns run by a branch manager who can make certain decisions like staffing and sales promotions. Branch managers are empowered to make on-spot decisions
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Using mobile phones has lots of advantages and disadvantages and most you will be aware of that. Earlier days‚ when we are out of home or office‚ we need to search for a public telephone booth to make a phone call‚ but now‚ just pick up your mobile phone and dial. I am trying to list the Pros and cons of using a mobile phone in this post. Advantages of using a mobile phone You are always connected‚ anybody who knows your mobile number can contact you. If you are travelling out of your territory
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Advantages of Computers Disabled: Computers have changed many disabled people’s lives‚ especially those who are unable to leave their house because of boundaries such as wheelchairs. For people who are confined to wheelchairs‚ computers give them a chance to experience many things that would not be possible for them otherwise. They can go to a particular museum web site and learn about a Van Gogh painting‚ or they can go to a science web site and learn about NASA and the space shuttle
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AWOS is a real need and aid in aviation meteorology. Elaborate merits/demerits of AWOS with respect to weather reporting and measure to overcome limitations if any. INTRODUCTION: All living beings live in an environment surrounded by the atmosphere. So‚ all changes and phenomena occurred in the atmosphere and in the environment lived in affect all the livings very much‚ human being as well. To be able to minimize the negative effects of the phenomena occurred and to be able to use the results
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The advantages of an unwritten constitution far outweigh the disadvantages (40) You must make a judgement. A constitution is a set of rules that establish duties and functions of the government and defines the basic principles to which society must conform. In this essay I will discuss the advantages and disadvantages of an unwritten constitution and show that I agree with this statement. On one hand‚ if a written constitution was introduced it would affect the power of government‚ relationship
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The Advantages and Disadvantages of Being Tall There are certain advantages and disadvantages of being tall but let us look them from different aspects. The first aspect is the physical advantages and disadvantages of being tall. Being tall is useful in several cases. For example‚ it makes it easier if you have to stand on the bus because you can reach the hand-rail or it helps if you are in a crowd because you can see over people’s heads. It can also help you in reaching the top cupboards
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