ADVANTAGES OF VERTICAL INTEGRATION It leads to reduction of transportation costs as the common ownership results in closer geographic proximity. The transaction costs can be controlled if a firm acquires the other firms in the vertical chain‚ then one division of the same company will transfer goods to other divisions. So‚ transaction costs in form of transport‚ cost of negotiation‚ cost of control etc. will be eliminated. The overall average cost of the firm will decrease because if the divisions
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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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When we are on holiday or intend to travel abroad as a tourist‚ we should firstly choose the means of traveling. In my view‚ traveling by air is both advantages as well as disadvantages. Advantages of traveling by air plane. The biggest advantage of flying is that it is often the fastest way to get from one place to another‚ especially when long distances are involved. It helps us save a lot of time‚ so we can do more things. Secondly‚ I think the comfort of air traveling makes people satisfactory
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What are the advantages and disadvantages of travel? One of the advantages of travel is that it broadens the mind or‚ in other words‚ broadens an individual’s life experiences. In addition‚ the exposure to a another part of your own country or a foreign country allows you to reexamine your life and to reassess your way of thinking. Another advantage‚ in the case of foreign travel‚ is that it is a reason for learning a foreign language. Learning a foreign language provides you with both intellectual
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literature review. Cyclical scheduling can be effectively used to schedule work shifts in hospitals and other situations in terms of time saving because computer software and mathematical programming is not needed. Additionally‚ scheduling is one of the main topics in this course‚ and as a result‚ this practice will facilitate the understanding of scheduling processes. As an example‚ a cyclical method is used to cover a 7-week‚ three work shifts (day‚ evening‚ night) schedule
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The advantages and disadvantages of holidays abroad The amount of hours that a person spends in their workplace is increasing all the time. Generally people spend more and more time working because they want a bigger salary. All of this requires a nice rest from everything. That’s why almost everyone goes at least once a year on a holyday. The holydays abroad are known as better‚ but are they really as good as they seem or having a holyday in your home country is actually more promising? Traveling
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THE ADVANTAGES AND DISADVANTAGES OF REPRESENTATIVE DEMOCRACY Page 1 Representative democracy is what we have in this country. We are seen by many other countries as one of the most well run countries in the world. Our system seems to run very well and there are many advantages of using the system we do. The principal is that the people are represented through their MP who is able to put the views of the constituent to parliament. On the other hand most politicians want to be successful. and this
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The advantages and disadvantages of city life Thesis Advantages -A city no doubt offers many tempting comforts and conveniences‚ pleasures and pass times‚ openings and opportunities‚ and that is why people from the country-side are pouring into it in thousands. In a city‚ there are schools‚ colleges‚ business houses and technical institutes‚ hospitals‚ charitable institutions‚ hospitals‚ cinemas‚ play - grounds‚ stadiums‚ parks‚ gardens and easy means of transport and communication
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about the advantages and disadvantages of mobile phone. In today’s global environment‚ technology is very important to all of us. Living‚ working are all in need of technology. We use technology to communicate‚ improve general knowledge and much more. As many things have been developed‚ from year to year‚ century to century‚ the world has became unique. But the most popular gadget is mobile phone‚ which make us easy to communicate with each other globally. In spite of its advantages‚ there’re
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Describe the Advantages and Disadvantages of using Referendums in the UK? (25 marks) A referendum is a vote given to the public which is determined by the government‚ and is used to help answer an important political or constitutional question to which the public must vote a simple ‘yes’ or ‘no’. One advantage of using referendums in the UK is that they enable the public that are over 18 to approve or disprove important constitutional changes. An example of a one being used for this purpose is
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