Advantages and Disadvantages on Globalization The advantages and disadvantages of customizing products can be summarized as following points. Advantages: 1. Innovation ideas‚ which are suitable to adapt changeable customers’ preferences. With the development of technology‚ customers preferences are always updated due to global information transmit. Global Managers are capable to create more inventive products to keep and expand global markets. 2. Localization‚ which can avoid cultural conflict
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State University MBA (Finance) Subject:- International Business Topic:- Advantages & Disadvantages MNC to the host Country ( KSA) Submitted To :- Mr. Arman Submitted By:- Anum Latif Date:- 17 / 01 / 2012 Advantages:- | * Research and development activities: Developing countries lack in research and development areas. Expenditure on research and development is essential for the promotion of technology. Multinational corporations have greater capability for research and development
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means of transport. Sometimes we can’t imagine how people could live without cars‚ buses‚ trains and planes many years ago. Some people prefer travelling by car‚ others think that it’s dangerous and pollute the environment. There’s no doubt that travelling by car has both many advantages‚ and a lot of disadvantages. Travelling by car has many advantages. First of all‚ we can go anywhere we want using car. We don’t have to waste our time and wait for a bus. If we compare using bus‚ bus only bring
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Television is one of the 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
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Advantages and disadvantages of computer Advantages of computer:- When Charles Babbage invented the computer decades ago‚ he would probably not have realized the impact it would have on mankind’s future. The importance of computers in today’s world can hardly be over-emphasized. Computers have become so much an integral part of the modern age that we also call this period as the computer age. In the initial years‚ the computer was a huge and complex machine that was used for difficult work like
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Advantages and Disadvantages of Outsourcing Outsourcing is an allocation of specific business processes to a specialist external service provider. Most of the times an organization cannot handle all aspects of a business process internally. Additionally some processes are temporary and the organization does not intend to hire in-house professionals to perform the tasks. Once the task is outsourced to the service provider‚ he will take the responsibility of carrying out the tasks and maintaining
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Advantages and Disadvantages of Renewable Fuels Solar Energy: Advantages: -Energy is free although there is a building cost. -Causes no pollution‚ however‚ energy may go into machines that produce pollution. -Solar energy can be used in remote areas where it is too expensive to extend the electricity power grid. -Estimated that the worlds oil reserves will last for 30-40 years whereas solar energy is infinite. Disadvantages: -Solar energy can only be harnessed when it is daytime
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As you know nowadays almost every home‚ office or school has a computer or even a few of these devices. Anyway‚ these modern technologies without which lots of people cannot imagine their lives have some advantages as well as disadvantages. To begin with‚ I would like to comment on the advantages. So firstly‚ computer gives you the opportunity to access a lot of information about everything not to mention the fact that you can store large amounts of information on the computer in a database. One
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banks‚ casinos‚ airports‚ military installations‚ and convenience stores. In this days and age‚ it is critical to take security seriously. Some people think that only businesses and commercial properties need good security‚ but it is not only that our homes need good security too. With the rapid increase of crime rates and breaking and entering‚ it is very important to mull over the available security options and choose one that is the best fit for us. Therefore using CCTV cameras and equipment
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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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