(b) The importance of budges as a means of planning and controlling the various business activities as well as the advantages and disadvantages of each source. In order to make effective decisions and coordinate the decisions and actions of the various departments‚ a business needs to have a plan for its operations. Planning the financial operations of a business is called budgeting. Although budgeting allows the organization to plan their work and work towards their plan‚ it also has both advantages
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Tanvir Chowdhury English 28 9:35-11:00 Dr. Gill Disadvantages of Fast Foods Time is money. This is the new buzzword in today’s world. People are now spending more time by running after money then spending time on their daily activities. No wonder fast food is on the rise. May people do not realize that fast food is a slow death. It has many disadvantages‚ as it is unhealthy‚ expensive and causes many diseases. Even though‚ fast food is the fastest way
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science. As far as die advantage of science‚ one can go 011 write a long list. It need not he elaborated. Any kiddies in the school can quote at least ten numbers of the plus points of it. But‚ like a coin that has two sides‚ science has its own disadvantages too‚ especially‚ when it comes to Nuclear weapons that can kill thousands in no time. An article appeared in ‘The Times of India’ on Monday‚ dated April 20‚ 2009 (Page # 14) says that‚ new research suggests the Chinese nuclear tests alone claimed
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Sometimes‚ for some people the workplace in teamwork is a bad place to be. In order to work with other people and be as efficient as you can‚ you should try to accept all the features and whims that the others may have. Furthermore‚ working with other people for achieving the same goal‚ requires being a lot patient and sometimes tolerant along the way. Every person has their own personality‚ character and of course influenced by their culture‚ religion and values. Therefore‚ it’s normal in working
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One advantage of economic globalisation comes from the free trade. “Two nations can benefit from free trade by specializing in producing those products in which they enjoy a comparative advantage” (Case & Fair 2004‚ p.716). A country enjoys a comparative advantage in the manufacturing of a good if the production has a lower opportunity cost than it would have if produced in other country. When specialization takes place in a production‚ the production will become more efficient. It is due to research
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Disadvantages: • Conflicts of interests between bank and investor: For banks savings deposits are a financing possibility at a favorable rate of interest; private investors‚ however‚ would usually prefer investments in securities to realize higher interest earnings. • Risk of concentration processes; but in spite of a decreasing number of banks‚ especially of private banks‚ neither a suppression strategy of big universal banks against smaller competitors nor a cartelization is to constate in
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DISADVANTAGES it is a compound that is indestructible‚ even when it is melted the compound gas that is gives off is very harmful to our heath and environment; it weakens the ozone layer. Most plastic is produced from oil. The world is gradually running out of oil. Scientists are now developing plastics that are made from vegetable oil and other organic matter. This means that the plastic is more likely to be degradable‚ so it will be less of a problem in future. Another Disadvantage is
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These partners can help on sending emails‚ writing letters‚ making phone calls‚ sending telegrams‚ knocking on the doors‚ advertising campaigns and so forth to share the information and knowledge on the disadvantages of the TPP agreement with others. Secondly‚ The knowledge on the disadvantages of the TPP should be largely spread out in all ways. While Technological and new media changes have transformed the political landscape. The media can convey the worker’s opinions to affect the trade agreement
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Contents 1 Definition of Franchising 2 Businesses for which franchising works best 3 Advantages 4 Disadvantages Definition of Franchising Franchising refers to the method of practicing and using another persons philosophy of business. The "franchisor" authorizes the proven methods and trademarks of his business to the "franchisee" for a fee and a percentage of gross monthly sales. Various tangibles and intangibles such as national or international advertising‚ training‚ and other support
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Serrano Durán‚ Lucía Advantages and Disadvantages of Artificial Intelligence Human intelligence involves many skills such as problem solving‚ decision making‚ learning understanding and reflex actions. Many experts in AI have dreamt of creating machines that can imitate our human intelligence. This has led to many possibilities; however‚ the field of AI has to be understood from both sides of the coin. On the one hand‚ artificial intelligence has allowed the design of applications that can
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