Advantage and Disadvantage of AEC 1 Business of Tourism in Thai will grow: Because Thai is the center of the AEC according on geographic then Thailand will be the main hub for travelling though other country 2Economic Growth: more opportunity for each country because of the bigger size of market and free flow of labor and capital 3 Free Trade Area a common external preferential tariff scheme to promote the free flow of goods within ASEAN.[44] The ASEAN Free Trade Area (AFTA) is an agreement
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well as the advantages and disadvantages of each source. In order to make effective decisions and coordinate the decisions and actions of the various departments‚ a business needs to have a plan for its operations. Planning the financial operations of a business is called budgeting. Although budgeting allows the organization to plan their work and work towards their plan‚ it also has both advantages as well shortcomings that can affect an organization’s progress. The main advantage of a budget
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First‚ disadvantage related to the loss of control over the outsourced operations stems from the reason that managing external resources requires special skills which is a combination of the skills of people and process management‚ contract management‚ and power compromise
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Globalization is "the integration of states through increasing contact‚ communication and trade to create a single global system in which the process of change increasingly binds people together in a common fate." Some economists see globalization as being in the best interest of all states involved‚ while others believe that increasing modern trade and global economic relations is harmful in many ways. While globalization marks a move in the direction of a more open world-trading government‚ it
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their strengths and weaknesses. Then I compared exporting with other market entry strategies‚ so I could gain further insight to advantages and disadvantages of exporting. In the conclusion I outline which types of exporting fit SME’s and which fit MNE’s. Low cost exporting (“AT THE GATE” SELLING‚ EXPORT HOUSES‚ PIGGYBACKING‚ AGENTS‚ DISTRIBUTORS‚ FRANCHISES) Advantages Low cost exporting requires only a small direct investment‚ if any. It usually carries low risks of financial loss and companies
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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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ADVANTAGES AND DISADVANTAGES OF ADVERTISEMENTS (comparison and contrast essay) Advertising is presentation of some products by means of television‚ newspaper‚ radio‚ billboards‚ magazines‚ internet and films in order to increase their sales. The main objectives of advertising are; increasing the usage of a certain product‚ creating new customers and increasing brand recognition‚ to obtain feedback from customers regarding a certain product and to indicate introduction of new products. However
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from Star Trek was a demonstration of the advanced technology of the future. Though it was a fictional story‚ Star Trek became the universal vision of the future. As always reality tends to mimic fiction. Though our society has not quite resulted to living in space‚ we have made life easier with technology. Economic survival has become more dependent upon information and communications bringing forth new technology of which was never thought possible. Just a mere thirty years ago a computer occupied
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What are the advantages and disadvantages to outsourcing in the global marketplace? In these times of great globalization where many countries have erased their borders when it comes to trade outsourcing has become an option for many companies. Whether or not to outsource is a key question that companies must consider. According to the Pros and Cons of Outsourcing‚ “The decision to outsource or not is a matter of finding the right balance-the balance between managing labor costs‚ workflow‚ employee
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Advantages and disadvantages of tourism Nowadays many people travel around the world. They get new experience‚ emotions‚ relaxation… But is it that good? In some cases a trip can be even dangerous. If it is‚ is the new experience worth going for a trip? One major disadvantage of tourism is that it is dangerous. There are many animals and deceases which are not common for our country‚ and we do not know about their existence and symptoms. When people get back they don’t pay attention to
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