Advantages and Disadvantages of information technology in Business Advantages: Increases production and saves time: Business use technology to automate tasks. A good example is a bakery which uses automated temperature censors to detect any drop or increase in room temperature in a bakery. These censors will send information directly to the operator and report any temperature change. This saves the bakery time and it also results into quality products. Improves communication through communication
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Lydon 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
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Advantages and Disadvantages of Internet The term internet has become the most recognized word for the young and the old. Everyone seems to know what internet is for and where to get it. The thing is‚ internet is the greatest invention of the 20th century for it holds all the information that human beings can possibly supply. With a click of button and keyboard strokes‚ we are connected to the world of information. However useful the internet is it still poses several risks and disadvantage which
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Advantages of Attending a Community College Choosing a community college over a four-year institution has several advantages. You’ll save money by paying less per credit hour than you would at a four-year school while taking time to explore your options. For example‚ the average cost per credit hour for in-district students attending Pulaski Technical College is $72 compared to about $154 per credit hour at the University of Arkansas at Little Rock (UALR). Most community colleges are generally
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Advantage Transport System 1. What should the company do about the new business contract? ATS should take advantage of the new business opportunity that Alec discussed. If ATS gets the contract with the large domestic auto manufacturer‚ that would not only increase their revenue but ultimately open the door for other opportunities. ATS should also see where the company can make adjustments in pricing and offer special promotions for their current customers. After careful review of recent loss
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wondered what would happen if Internet didn’t exist in this world ? Explanation Internet is now commonly used by people all ages all over the globe. It has various functions that benefit human beings from communication to entertainment. Reasons Advantages receive and find the latest information online Purchasing newspapers and magazines won’t be necessary anymore because all the most recent news will show up in front of our eyes with just a single click. Completing projects and assignments would
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1.) There are many advantages of assisted living and why it is a growing trend. One advantage that the books talks about is how this options allows the elderly people to be independent. They have their own apartment‚ were the staff may assist them in various ways. Another advantage is from the book when it comes to assessments. The purpose of assisted living is to help the older adults maintain their physical and psychological functions that they had‚ before moving into the assisted living facility
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home. Leisure time of family members does not become burden. They can si at a place and spend time watching any movies they like. Computer puts a stop to writing letter‚ posting it and waiting for the reply. Needless to say computer has numerous advantages. Nonetheless it has disadvantages too use of computer results into unemployment as computer can perform the duty that might need nearly six to seven workers. Unemployment is likely to result into crimes. Continuous work with computer causes loss
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Advantages of hydro power ADVANTAGES: * Once a dam is constructed‚ electricity can be produced at a constant rate. * If electricity is not needed‚ the sluice gates can be shut‚ stopping electricity generation. The water can be saved for use another time when electricity demand is high. * Dams are designed to last many decades and so can contribute to the generation of electricity for many years / decades. * The lake that forms behind the dam can be used for water sports
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Competitive Advantage ”A company can outperform its rivals only if it establishes a difference that it can reserve”. - Michael Porter The unique skills and assets a company has to outperform its rivals are the sources of competitive advantage. The competitive advantage results from implementing a value creating strategy that is not implemented simultaneously by its competitors. The strategy attains sustainability if the competitors are unable to erode the strategic advantage the company has
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