comparative advantage are less valuable than initially perceived for the development of a strong‚ competitive economy. The new type of development is one that involves the whole market and all institutions in the economy. Productivity is that component which creates a competitive advantage rather than a comparative advantage; the latter only addresses only the supply side of the market system and ignores demand‚ historical chance and the role of government. Indeed‚ the model of competitive advantage addresses
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Advantages and Disadvantages of Internet Ten years ago‚ the Internet was practically unheard of by most people. Today‚ the Internet is one of the most powerful tools throughout the world. The Internet is a collection of various services and resources. The Internet’s main components are E-mail and the World Wide Web. Actually‚ there’s a lot more to the Internet than E-mail‚ search engines‚ celebrity web sites‚ up-to-the-second sports scores‚ and chat rooms full of discussions. The Net also ranks
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Advantages and Disadvantages of Internet Name Institution Man has come an extremely long way from during his journey from Neanderthal to Homo sapiens. The nineties saw a significant turn around‚ when they invented the computers. Until‚ some few years back‚ the word internet was anonymous to many people. However‚ today the internet has evolved into the powerful communication equipment for individuals around the world. The internet is a collection of various resources and services (Buchanan‚ 2002)
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In today’s business environment‚ branding is recognizable by more and more people and identified with certain service or product. It is the foundation of most organizations and the core behind all business development. When people want to buy or determine something they always think about the brand that they know before other brands. Most people who use branded products go to companies that have a famous brand name to show people that they are in a higher class status and because of familiarity as
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Advantage and Disadvantage of Technology Introduction Technology is the making‚ modification‚ usage‚ and knowledge of tools‚ machines‚ techniques‚ crafts‚ systems in order to solve a problem‚ improve a preexisting solution to a problem‚ achieve a goal or perform a specific function. Technology is‚ by definition‚ the practical application of knowledge. It is the systematic treatment of art and science. In the last century many people did things by hand but nowadays more and more tasks have
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surrender. Advantages – 1. Would had led to the Japanese surrender 2. Gained full control over Japanese Disadvantages – 1. Put troops‚ pilots‚ and sailors at risk 2. More Japanese people would have died than in the two atomic raids Option #2 –By demonstrating the atomic bomb it would have shown the Japanese they faced total destruction if they did not surrender. Advantages – 1. Thousands of Japanese would have had to die 2. Us would have not lost a number of troops Disadvantages – 1. The atomic
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Advantages/Disadvantages Advantages of bonds Bonds as an investment instrument bring a lot of advantages to the bond holders. Firstly‚ bonds are more stable than stocks. Investing in bonds involve lower risks compared to stocks. Normally‚ bond holders are more likely to receive the coupon rate (interest) from bond issuers. So‚ there is very less chances that bond holders will lost out on their investment. Also‚ they can feel relieved when they invest in the reliable investment and taking less
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The advantages and disadvantages of technology The world moves and develops all the time. Technology has also advanced over time. In recent years‚ advanced technology has caused many significant changes in some specific areas. Because of this‚ human society is improving possibly faster than at any point in history. Whilst in the past technology was described as a method of creating some new inventions‚ today it drives the development of human civilization and puts emphasis on using scarce resources
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Question Why did the Malaysian Government introduce National Service? Discuss the advantages and the disadvantages of National Service. Which do you support? Why? Contents 1. Introduction : page 2 2. Advantages versus Disadvantages : page 3 to 6 3. Discussion : page 7 4. Conclusion : page 7 5. Appendix A: Summary of Major Incidents : page 8 6. Appendix B: Newspaper Cutting on a Coma Case : page 9 7. Appendix C: A General Time Table of PLKN
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greatest miracles of science. It was invented by J.L. Baird. One can now see live pictures on the screen while sitting in one’s own house. On the radio set‚ one can only hear the voice of the speaker but on television one can even see his own picture. This invention has brought about a revolution in the fields of entertainment‚ education and communication. The greatest advantage of television is that one can watch its programmes at home. One need not go out for it. Television has great educative value
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