responsibility for acquiring capital and‚ hence‚ for the discount factor (i) in the denominator. These functional areas have lots of important overlaps. The marketing department can help reduce costs for a given level of output by influencing customer order size and timing. The production department can stimulate sales by improve quality. Other departments‚ such as accounting‚ HR‚ transportation and engineering‚ can provide information and services vital to sales growth and cost control. All the activities
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even to watch their favourite sit-com series. Of course‚ with its few advantages‚ television has many more disadvantages. As we have stepped into the twentieth century‚ this thingamajig has proven to give its viewers a lot of disadvantages such as health problems‚ violence‚ and last but not least‚ escapism from the actual world. First and foremost‚ health problems are one of the disadvantages that make television as one of the worst inventions in the world. People are mostly sitting and eating junk
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Birth Order Abstract There is extensive research that pertains to the lasting impact birth order and family size have on an individual’s life. However‚ there have been few concrete conclusions that can explain how birth order affects one’s development and personality. Previous studies have focused on a connection between birth order and education‚ employment earnings‚ and delinquency rates‚ but have failed to convince researchers of a connection between birth order and
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allow for more intense educational research into medical matters. Disadvantage: Dependency The more advanced society becomes technologically‚ the more people begin to depend on computers and other forms of technology for everyday existence. This means that when a machine breaks or a computer crashes‚ humans become almost disabled until the problem is resolved. This kind of dependency on technology puts people at a distinct disadvantage‚ because they become less self-reliant. Advantage: Cost Efficiency
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helps many of us‚ still there are some disadvantages. Children nowadays are very fun of using computers. Many young children are spending their leisure time using the computer‚ playing games‚ chatting with friends‚ watching movies‚ downloading songs‚ etc. Even some poor people have invested computers with internet connection in their houses. Internet connection has so many advantages but at the same time provides disadvantages as well. Regarding DepEd’s order‚ many parents are uneasy since they
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How Science and Technology Affects Human’s Life Science and technology are two things related to each other. Science is a systematic knowledge base‚ where a series of steps is followed in order to reliably predict the type of outcome. It is all about theories and focused on analysis. Science is the key by which man go anywhere at any time in the space. It has brought about several outstanding advantages to mankind. Technology‚ on the other hand‚ is more of an applied science. It is where
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Semester I Revised June 2012 Revised Business Economics I Syllabus for F.Y.B.Com from June 2012 onwards University of Mumbai Semester I Module I: Demand analysis Demand function and determinants of demand – Concept and importance of Elasticity of demand‚ Income‚ cross‚ promotional. Case studiesConsumer surplus‚ Demand forecasting: meaning significance and methods-case studies Module II Theory of production and cost Production function-short run and long run- Law of variable proportions- Isoquantproducers’
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Disadvantages of Democracy Making the wrong choice In a democratic country‚ it is the common man who has the supreme right to choose their legislature and their prevailing authorities. As per a general study‚ not all the people are completely conscious of the political circumstances in their nation. The common masses may not be acquainted of the political matters in their society. This may lead to common man taking an erroneous selection during election. Authorities May Lose focus As the government
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to see the advantages and disadvantages of vaccinating children.The article mentioned that the “vaccine was safe and effective for children aged 6 months through 18 years and that evidence suggested that vaccination school-age children would provide benefits to both the vaccinated children and their unvaccinated household and
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Economics is the study of social behavior guiding in the allocation of scarce resources to meet the unlimited needs and desires of the individual members of a given society. Economics seeks to understand how those individuals interact within the social structure to address key questions about the production and exchange of goods and services. First‚ how are individual needs and desires communicated such that the correct mix of goods and services become available? Second‚ how does a society provide
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