Discuss the advantages and disadvantages of budgeting as a system of organisational control. A budget is a short-term financial plan of income and expenses expected over a certain period of time (usually one year) used to achieve a businesses objective. Budgeting can be useful for exercising control over a business because of its nature as a representation of a plan. Control is generally viewed as making events conform to a plan. As a budget is represented as a plan‚ allowing events to conform
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There are many disadvantages of DTCA as there are advantages. Like‚ damaging relationship with their health-care provider‚ misinforming patients‚ overemphasizing drug benefits‚ inappropriate prescribing‚ promotion of new drugs before safety profiles are fully known‚ and most important of all increasing health-care costs. DTCA is often criticized for its potential impact on the patient-provider relationship. Providers often find themselves challenged with increased work and frustration when a patient
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movement had originally started in the 1980 ’s when managers were encouraged to give their workers more involvement in work-related decisions but has now grown into its own controversial topic as 31% of companies define themselves as empowered. Advantages Many companies believe that being in an empowered company will motivate the worker. They believe this because it gives the job content. Researchers have shown that at the individual level and the team level that giving the workers power over themselves
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Syllabus Cambridge O Level Computer Studies Syllabus code 7010 For examination in June and November 2011 www.XtremePapers.net Note for Exams Officers: Before making Final Entries‚ please check availability of the codes for the components and options in the E3 booklet (titled “Procedures for the Submission of Entries”) relevant to the exam session. Please note that component and option codes are subject to change. www.XtremePapers.net Contents Cambridge O Level Computer Studies
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recreation‚ but also the provision of services for this act. It might occupy local services such as entertainment‚ accommodation and catering for tourists. It may seem‚ that tourism brings only benefits‚ but further consideration shows that it also has disadvantages. According to Shirleyrader (2014) ‚ many countries depend heavily upon travel expenditures by foreigners as a source of taxation and as a source of income for the enterprises. Therefore‚ the development of tourism is often a strategy to promote
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comparative advantage are less valuable than initially perceived for the development of a strong‚ competitive economy. The new type of development is one that involves the whole market and all institutions in the economy. Productivity is that component which creates a competitive advantage rather than a comparative advantage; the latter only addresses only the supply side of the market system and ignores demand‚ historical chance and the role of government. Indeed‚ the model of competitive advantage addresses
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planting materials‚ compensate land shortages and genetic improvement of the plant. [pic][pic][pic][pic]A few of the advantages perceived in the use of biotechnology in agriculture are rapid multiplication of plant species‚ breeding of resistant varieties‚ diagnosis and control of disease in crop and livestock‚ utilization of crop residues and animal waste. Some of the disadvantages are high cost of research and development‚ endangering biodiversity‚ genetic erosion and lack of access for poor farmers
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“Tourism can be a blessing to a country but it is by no means an unmixed blessing.” Discuss By: L6E1 Tourism is the world’s largest and fastest growing industry and can be defined as the totality of the relationship and phenomenon arising from travel and education purposes of people‚ provided the stay does not imply the establishment of a permanent residence and is not connected with remunerated activity. While it may boost a country’s economy‚ doubts about the overall benefits
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when the rapidness of development and research is so impressive‚ it is easy to think about the advantages of modern technology. ADVANTAGE: Modern technology has solved many problems that people face and play an important role in the development of many countries. Modern technologies create many kinds of products - computers‚ cloning technology‚ and video games etc.. Technology today has made life better and quicker In our modern society‚ people can’t see themselves without computers‚ cell phones
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Telecommunication From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search A parabolic satellite communication antenna at the biggest facility for satellite communication in Raisting‚ Bavaria‚ Germany Visualization from the Opte Project of the various routes through a portion of the Internet Telecommunication is the science and practice of transmitting information by electromagnetic means. Communication is talking to someone or thing not necessarily through technological means
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