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pattern (e.g. ‘Just- in- time’) to avoid excess capacity. ’B’ items are important‚ but of course less important than ’A’ items and more important than ’C’ items. Therefore ’B’ items are intergroup items. ’C’ items are marginally important. Advantages and Disadvantages of ABC Analysis Inventory Activity Based Costing‚ or ABC‚ is a method of allocating overhead and direct expenses related to the most important activities of the company first. This process allows business owners and managers an opportunity
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Advantages and disadvantages of our ever increasing use of computer technology. Computer seems to be one of the greatest wonders of the modern world. It has already revolutionized our lives more than anything we have invented so far and today it is hardly possible to imagine the world without this appliance. Undoubtedly‚ a major advantage of computers is that they are time-saving devices‚ making all kinds of work more effective and easier. All branches of science and industry make use of them‚
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of the Internet technology‚ the computer-based communication technologies are increasingly applied to communication. The new technologies including instant messaging and wikis exert favorable and adverse effects in diverse scopes‚ especially business. Business and trading are negotiated through Internet so that business now enjoy far more convenience and efficiency than in the past. However‚ there is no consensus in whether instant messaging‚ wikis or other communication technologies leave positive
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Some advantages and disadvantages of internet Availability of Knowledge Advantages The internet which was once just a little puddle‚ now‚ have become an ocean; an ocean of knowledge. It is like a magical crystal ball which has an answer for every question of yours and the best thing about it is; it is completely free. I know how much I have learnt from the internet. How internet is better than books when it comes to knowledge? The answer to this would be the infinity of the internet. Plus‚ apart
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The advantages and Disadvantages of using computer From day to day‚ our world has been changed gradually form one condition to other. The revolution of new ideas always comes up to the minds of every person; especially the ideas to improve technology which people need to make the living better. As result computer has been bring people certain advantages and disadvantages for people ask well. First of all‚ the advantages of using computers are that we can do research and find a lot of information
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The advantages and Disadvantages of Distance Learning A few years ago‚ distance learning was seen as an inferior way but nowadays even famous and established traditional colleges and universities are providing distance learning courses and it is generally considered a way to improve one’s life. However‚ people still argue whether distance learning give more advantage or disadvantage. Some of them who see the benefit of distance learning will
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FDI in India Advantages and Disadvantages Overview First of all‚ FDI means Foreign Direct Investment which is mainly dealings with monetary matters and using this way they acquires standalone position in the Indian economy. Their policy is very simple to remove rivals. In beginning days they sell products at low price so other competitor shut down in few months. And then companies like Wall-Mart will increase prices than actual product price. They are focusing on national and international economic
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The world of technology and communication has changed rapidly during this millennium era. We can not avoid that and as a matter of fact we will be lag behind if we do not follow it. Information Communication and Technology or ICT has become the major role to bring the world into a more modern and develop. ICT has also shaped the world to be more dynamic than ever before. The world of education get the effect on the rapid changes of ICT. Education now have to adapt with the ICT‚ if not then there
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Advantages and Disadvantages of Tourism - Short Essay New pedagogy St vincent & Grenadines Island is a small island with limited education facilities. Primarily motivated students can easily start their own education. Many people think of education as something that occurs in a school or classroom. However‚ knowledge-eager students can gain additional... 368 Words | 2 Pages Advantages and Disadvantages of Tourism. “Tourism can be a blessing to a country but it is by no means an unmixed blessing
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