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
Premium Management Budget
There are many disadvantages of DTCA as there are advantages. Like‚ damaging relationship with their health-care provider‚ misinforming patients‚ overemphasizing drug benefits‚ inappropriate prescribing‚ promotion of new drugs before safety profiles are fully known‚ and most important of all increasing health-care costs. DTCA is often criticized for its potential impact on the patient-provider relationship. Providers often find themselves challenged with increased work and frustration when a patient
Premium Medicine Pharmacology Illness
movement had originally started in the 1980 ’s when managers were encouraged to give their workers more involvement in work-related decisions but has now grown into its own controversial topic as 31% of companies define themselves as empowered. Advantages Many companies believe that being in an empowered company will motivate the worker. They believe this because it gives the job content. Researchers have shown that at the individual level and the team level that giving the workers power over themselves
Premium Employment Management Productivity
Reputation can make or break an individual. It determines how people view one another and it also decides how people treat and react to each other. In Frankenstein by Mary Shelley‚ the monster‚ Victor Frankenstein and Elizabeth Lavenza face struggles with their reputation and how it defines them. Also‚ in Othello by William Shakespeare‚ Iago‚ Othello and Desdemona are presented with similar struggles to the ones the characters in Frankenstein face. The presentation of reputation in both works allows
Premium Frankenstein Othello Victor Frankenstein
planting materials‚ compensate land shortages and genetic improvement of the plant. [pic][pic][pic][pic]A few of the advantages perceived in the use of biotechnology in agriculture are rapid multiplication of plant species‚ breeding of resistant varieties‚ diagnosis and control of disease in crop and livestock‚ utilization of crop residues and animal waste. Some of the disadvantages are high cost of research and development‚ endangering biodiversity‚ genetic erosion and lack of access for poor farmers
Premium Agriculture
This essay is related to the process of Fracking and its implications on the Karoo. It will provide a background on exactly what Fracking is and how the process is carried out and also how and to what extent the process will affect the Karoo. Knowledge gained from the environmental economics course will be used and various factors and arguments will be weighed and taken into consideration with the goal aimed at reaching an evidence based decision as to whether Fracking should or should not be allowed
Premium Management Strategic management Marketing
of having to conduct meetings to instruct employees‚ managers can now disseminate the same information through electronic mail; it is no longer necessary for project mates to come together to discuss but harness the power of instant messaging and online FOREX values and stock market readings allow traders to carry out trading almost anywhere. The list is certainly non-exhaustive. While the possibility of exploring more far-reaching benefits heralds an exciting future and promises numerous benefits
Premium Telecommuting
marketing alternatives‚ these small businesses continue to use conventional marketing tools such as newspaper‚ magazine‚ radio and television advertisements‚ unaware of the advantages that Internet Promotion offers. All too often‚ these entrepreneurs focus on the disadvantages of Internet Promotion and fail to adequately take advantage of the opportunities that it presents. Moreover‚ their preoccupation with conventional marketing strategies is driven by a misconception that these are cheaper than Internet
Premium Marketing
Telemedicine also has some down sides . 1)Electronic glitches. Technology is only as reliable as the electrical current that keeps it running. Inclement weather and other annoyances can cause a power outage or disrupt an internet connection‚ complicating online consultation with a doctor. 2) Physician resistance. The bulk of resistance comes from doctors struggling to comfortably use the new technology‚ but this hesitance only extends so far‚ says Dunmire. 3) Inadequate assessment. While
Premium Health care Health care provider Medicine
successful because it provides a lot of entertainment that humans need. For example‚ today many people are watching or downloading free entertainment on the internet‚ and many people are playing on-line games. In contrary‚ the internet has a lot of disadvantages. There have been many people who became victims of pornographic sites on the internet.When your computer connects to the internet it is often the case that a virus attacks your computer hard disk. In addition‚ many people steal personal information
Free Internet Social network service Communication