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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the super market‚ clean vegetables‚ prepare things ready to be cooked‚ after meal; you need time to wash the dishes. This process takes really much time and energy if you are a busy with work and need to relax. In short‚ fast food helps people to handle the meal as soon and comfortably as possible. Besides‚ meal price is also an advantage of fast food with the ones who live alone. It is often cheaper to have a meal when you stay alone‚ let alone some extra offers on special events. You can save
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Advantages and Disadvantages of Sole Proprietorship Profits and Losses – Advantages: Proprietor receives all the profits because he or she takes all the risks. Disadvantages: Losses are not shared. Liability - Disadvantages: 1) The proprietor has unlimited liability. 2) If the firm is unable to pay its bills‚ the proprietor can be force to sell personal assets as well as the business to pay debts. Management – Advantages: 1) Decisions on starting and running the business can be made
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Andrew McClarren Before determining the advantages and disadvantages to the use of biofuels‚ it is first necessary to establish what biofuels are. With the increasing costs of barrels of oil and the negative effects imposed on the environment by these fuels‚ biofuels were created. By dissecting the word‚ its meaning can be discovered. With the prefix “bio-“ meaning life‚ biofuel means just that‚ fuels derived from living subjects. With consumer demand reaching all-time high levels‚ the creation
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Some advantages to living in the country include these points: Clean Air‚ no neighbors‚ open spaces‚ quiet‚ birds‚ deer and other critters. You have to love nature to live in the country. No crime‚ and people are usually friendly. Some disadvantages to living in the country include these points: No shopping mall or large supermarket. Power outages occur more often and usually out in the country everything runs on electric‚ like a well pump so you can flush the toilet‚ so no power and therefore
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Write a 250-word response to each of the following questions: What are the advantages and disadvantages of social media? How might knowing these advantages and disadvantages alter how a person might use social media? One advantage of social media is the ability to stay connected to friends and family‚ especially those you may not see often. You can share photos and even host events which you can invite your friends to. Social media is also a good way to meet new friends and share interests with
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Evaluate the advantages and disadvantages of globalisation The term globalisation has “successfully passed into common currency‚” (Slater‚2009‚pp.373-383) since Levitt first used it in 1983 and has become a worldwide‚ “ phenomenon that has spread across the globe‚ influencing governments‚ businesses and society.” (Slater‚2009‚pp.373-383) Similarly‚ Giddens has pointed out that‚ “globalisation is political‚ technological and cultural as well as economic‚” (1999). The rapid acceleration of globalisation
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Advantages and disadvantages of using CAD Advantages * Can be more accurate than hand-drawn designs - it reduces human error. * You can save and edit ideas‚ which makes it easier and cheaper to modify your design as you go along. * You can modify existing ideas‚ which saves time. Disadvantages * The software itself can be expensive so initial costs are high. There are free software packages though. * Staff need to be trained how to use the software‚ which also adds to costs
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advantages/ disadvatages of mobile phones. advantages -of course there are many advantages of a mobile phone‚ so it’s not just an object hanging around in your pocket‚ you can call everyone with it‚ well everyone that has a phone too. If you’re gone in a trip for instance‚ and you miss you friends‚ or family members‚ you can easily call them‚ you can tell them you’re life stories and so on ! -we have already talked about that part of use of a phone‚ but if you are in danger‚ or smtg.
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Weaponry‚ its essence From a civilian’s viewpoint‚ such an extensive amount of energy should be allotted to an important aspect of the society and the government. There are several reasons why solar energy should be invested on the military. 1- In the present geopolitical situation‚ the military is the biggest asset a country can have. Taking a look at worldwide politics‚ a country’s strength is contingent upon how able it is to combat other countries to prevent them from bullying
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