Retail Management 3rd assignment Rahul Nakarmi Silver Mountain Graduate Business School Retail Management‚ Semester 5 Sachin Karanjit Feb 11‚ 2013 Advantages and disadvantages of different retail business There are various forms of retail and among them classification based on ownership seems quite popular. There types based on this are independent‚ chain and franchise retailer. Personally the example of independent retailer (small retail outlet) is one near my house which owned by a Gurung
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Multi functional printers act as fax machines‚ scanner‚ telephone and normal printer. Types of printers In order to choose the perfect printer for the organization we have to know the various types of printers‚ their functions and their advantages and disadvantages. There are many types of printers but they are divided into two major parts; impact and non-impact printers. Impact printers Impact printer are printers that produce text or graphics on paper by impacting on paper‚ that is it forms characters
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total and unlimited liability. Self contractor is one example of a sole proprietorship. The advantage of organizing your business as a sole proprietorship is that the process is simple and inexpensive‚ compared to other organizational structures. A sole proprietorship can only be started by an individual business owner. If a business has employees‚ it cannot structure as a sole proprietorship. Another advantage of sole proprietorship is that tax time is less complicated. The business owner does not
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The Scientific Management theory is "the development of a science to replace the rule-of-thumb knowledge of the workmen." It is reflected in a financial statement analysis as labor costs‚ concerning matters like the employees salaries‚ benefits‚ training and loans. Scientific knowledge is organized‚ systematized and approved knowledge; knowledge with a reason for it. Frederick Winslow Taylor is the father of this theory‚ which was given birth during the later years of nineteenth century. According
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Advantages of Database Management Systems Database Management System (DBMS) aids in storage‚ control‚ manipulation and retrieval of data. This article lists the advantages of database management systems. Database is a software program‚ used to store‚ delete‚ update and retrieve data. A database can be limited to a single desktop computer or can be stored in large server machines‚ like the IBM Mainframe. There are various database management systems available in the market. Some of them are Sybase
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Advantages of Total Quality Management (TQM) Improves Reputation - TQM programs have the advantage of improving corporate as well as product reputations in the marketplace‚ because errors and defective products are discovered much more rapidly than under a non-TQM system‚ and often before they are ever sent to market or found in the hands of the public. Higher Employee Morale - Compared to employees who are motivated‚ disengaged workers are less efficient‚ miss more workdays and cost organizations
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The Advantages and Disadvantages of Communicative Language Teaching The Advantages and Disadvantages of Communicative Language Teaching By HAH Introduction The focus of this essay is to highlight the advantages and disadvantages of Communicative Language Teaching (CLT). In doing so‚ it is important to first clarify the meaning of CLT and it’s place in the ongoing history of language teaching methodology. CLT is generally accepted as the most recognized‚ contemporary approach to language
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Project management is a concept which has both benefits and limitations and it is important for the management to consider both sides of the project management. Benefits of Project Management The benefits of project management are listed as per below: * Project Management gives you a clear and a well defined scope of the project which helps in better communication and distribution of responsibilities among the members of the project and then everybody knows what to be done. * Project Management
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ADVANTAGES AND DISADVANTAGES OF USING INTERNET In the history of human mankind‚ the Internet has undoubtedly been the greatest development in the domain of communication industry. Internet has tremendous potentials and a lot to offer in terms of services. However‚ if examined carefully‚ the Internet appears to have not only advantages but also some drawbacks. One good point is that the Internet is a source of information. There is a huge amount of information available on the Internet for just
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Q.1 What are the advantages and disadvantages of environmental risk management? Advantages: 1. Better strategy of company. Through the environmental risk management‚ we are going to have a better understanding on the environment‚ which may make have a better decision making on company strategy. Usually‚ if we know a place which may suffer from earthquake or tsunami frequently‚ we may not build or open some department on that place in order to reduce risk. If we have better understand
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