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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advantages and disadvantages of normalization. The process of normalization brings about organization to the database that it is applied to. Normalization makes everyone’s job easier due to the fact that it gets rid of as much useless data as possible. Repeated data is processed and simplified into single data. Repeated data‚ for example such as having someone named JOHN DOE in one table and the same person’s name JOHNNY M. DOE in another table. Modifying a table with as little data as possible
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disabilities‚ and people of any age who have permanent kidney failure. It would seem as if Medicare would be one of the best programs afford to any citizen within the U.S‚ yet this program comes with same number of disadvantages and advantages. For instance‚ one of the disadvantage Medicare has is the variety of plans that the consumer must choose from. Due to the huge amount of options being provided‚ the consumer may be left confused and over whelmed. To continue‚ any consumer being helped
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view. Disadvantages of academic resources are the information could be outdated‚ certain areas maybe too brief‚ certain words may be too complicated or hard to understand. The advantages of government websites/reports are that it is information centred on a particular borough can be easily isolated‚ it is easily accessible‚ and it is fairly reliable as it is government information‚ contains current and past information so possible to compare rates and declines in certain areas. Disadvantages are they
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Advantages and Disadvantages of Internet The Internet is undoubtedly the most crucial technology of the modern world‚ the useful application has not only made our lives easier than ever before but it also plays a very important role in future developments. Everyone knows that the internet has global advantages. With the introduction of the internet global communication has become a matter of just a click of the mouse. The internet has brought about various different‚ innovative communication means
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The advantages are limitless. Speedy access to information of any kind‚ relationships with other people around the world‚ and entertainment are all provided by the internet. Likewise‚ the disadvantages are just as large. Jerks (trolls) on the internet bully‚ viruses infect your computer and using the internet takes up valuable time. You decide how you want to use it. ADVANTAGES Communication: The foremost target of internet has always been the communication. And internet has excelled beyond
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exporter will be paid. EX2: Introduce: With the development of international trade‚ many methods of payment in foreign trade appeared‚ such as open account‚ the letter of credit‚ bill of collection and advantage payment. Among them‚ L/C is the commonest way. It is because L/C has many advantages which other methods do not. Body: - Paragraph 1: L/C is one of the safest methods of payment. o It guarantees payment upon presentation of the
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|Entry Mode |Advantages |Disadvantages | |Joint Venture |Gain immediate access to local partner’s knowledge‚ |Coordination between partners may not be smooth | | |expertise‚ networks‚ and market share |Political risk exposure is high | | |Development
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portrayed‚ due to the fact that they were able to adapt to a new way of life when their previous way of living changed‚ even though they have no choice‚ they learnt to adapt and make do with what they have. The Métis were at a disadvantage‚ some may think they were taken advantage of‚ they were unfamiliar “with the complexities of the new legal system‚” there were “difficulties in reading or speaking English; and lack of contacts with prospective buyers (Flanagan‚ pg. 18).” According to Sprague‚ he “argues
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your friends in Facebook or Skype‚ watch videos in YouTube‚ earn money from blogging‚ and many more! The internet is really useful and has a lot of advantages‚ but there are also some disadvantages of using it. Ones need to be very alert when using the internet. Check out this list of advantages and disadvantages of the internet: Advantages Faster Communication The foremost target of Internet has always been speedy communication and it has excelled way beyond the expectations. New innovations
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