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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Efficient Information Exchange One of the advantages of implementing the matrix organizational structure in a business is that it can lead to an efficient exchange of information. Departments work closely together and communicate with each other frequently to solve issues. Efficient lines of communication enhance productivity and allow for quick decision-making. For example‚ in a matrix structure‚ individuals from the marketing‚ finance and product departments may confer with one another to formulate
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gradually from one condition to another. Nowadays‚ technology has advanced in huge leaps and bounds. We cannot imagine the world without technological advances such as computer‚ televisions‚ and machines and so on. However there are some advantages and disadvantages of technology. First‚ technologies play an important role in society because it makes life easier to live on and makes time less consuming. People do not have to do all the hard labor anymore. For example‚ many people have washing
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Advantages and Disadvantages of the North and South The Civil War was a war that nearly divided our nation in two. We had the Union‚ who fought to end slavery‚ and unite America. Then there was the Confederacy. They wanted slavery in their territory‚ and fought for there way of life. So‚ my question is what exactly were the advantages and disadvantages of the North and South. First let’s start off with what the North or the Union had as advantages. The North had many prominent leaders like Ulysses
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society is where people of different races and cultural backgrounds come together to form a community. In most thriving societies‚ the community members are diverse such as Australia‚ Singapore and Canada. In this essay‚ I will discuss the advantages and disadvantages of diversity that will affect the society in terms of cultural‚ economical and social development. A diverse society can contribute to the progress of the economic development of a country by creating an open mindset due to exposure to
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Assignment brief In 1956 Lord Devlin professed that juries are ‘the lamp that shows that freedom lives’. Evaluate the accuracy of this statement with regard to the advantages and disadvantages of trial by jury‚ the alternatives available and any reforms that have been introduced or recommended. You are to produce an essay as follows Critically evaluate pros and cons the arguments for and against trial by jury Discuss any reforms that have been proposed or introduced and evaluate these reforms pros
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Advantages of a Large City A big city is where you can see many vehicles‚ many skyscrapers‚ and many people with a hurried pace of life. Nowadays‚ more and more people want to live there because they see many advantages. First of all‚ in a big city‚ people can take the chances to study and work best. There are many good universities for you to choose in a big city. There you can study what you like. Moreover‚ when you graduate‚ you also find it easier to get a good job with good salary. Therefore
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The Advantages And Disadvantages of Multinational Companies In a modern society‚ many multinational companies have been founded. They are called multinational corporations because these corporations operate in more than one country at a time. For example‚ McDonalds‚ Pepsi‚ KFC‚ Nike. I will discuss the advantages and disadvantages of these corporations. For the advantages‚ Firstly‚ multinational products and services provide the best possible standards. Because in a foreign country
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Advantages and Disadvantages of Oil Sands Oil sands are a type of unconventional petroleum deposit. They are loose sand or partially consolidated sandstone that contains natural mixtures of clay and sand‚ saturated with a viscous form of petroleum. Natural petroleum deposits are reported in many countries‚ but are found in extremely large quantities in Canada; 70.8% of the globally estimated oil sand reserves are in Canada. Most of the oil sands of Canada are located in northern Alberta. They
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A lot of people use the internet to communicate these days. What are the advantages and the disadvantages? Nowadays‚ people use the internet to communicate daily. Today‚ internet has become the most important tool for man. Advanced technology allows people to communicate even at the opposite ends of the world. However‚ like every single innovation in science and technology‚ the internet has its advantages and disadvantages. Internet can be used to send messages‚ also known as emails‚ to friends
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