What are the advantages and disadvantages of letters of credit? http://www.answers.com/Q/Advantages_and_disadvantages_of_Letter_of_Credit Letter of Credit Advantages for both Importers and Exporters For the Exporter/Seller: Upon presentation of the specified documents (in strict conformance) the Buyer/Exporter is guaranteed payment (the exception is if the Issuing Bank folds) Eliminates risk of the buyer canceling the order and therefore reduces production risk Makes it easier for the Buyer/Exporter
Premium International trade Legal documents
Testing and assessment is the process of determining the extent to which students achieve instructional objectives. It is a scheme for collecting evidence of what learners accomplish through process of teaching and judge the direction and extent of changes. Testing is a continuous process and forms an integral part of the total system of education and in vary closely related to educational objectives. The purpose of this evaluation is to make provisions for guiding the growth of the learners to
Premium Multiple choice Psychometrics Aptitude
July 1994. This is the first commercial ISP and is presently operated by Singapore Telecoms. As more Singaporeans demanded Internet access‚ the Telecommunication Authority of Singapore (TAS) decided to further open the market and allow for more ISPs. A total of three licenses were awarded. In October 1995‚ Technet Unit ceased operation. It was bought by a consortium comprised of Sembawang Media‚ Singapore Technologies-Computer Systems and Services‚ and Singapore International Media. Technet Unit
Premium Education Internet Collaboration
Advantages and Disadvantages of Biometrics Let us now examine the advantages and disadvantages of biometrics in two groups of applications: the commercial positive recognition applications that may work either in the verification or the identification modes‚ and the government and forensic negative recognition applications that require identification. Advantages and Disadvantages of DNA Testing in Biometrics Solutions The ongoing project to map the human genome affects all of us in several
Free DNA DNA profiling Human genome
Donato Bramante (1444 – 11 March 1514) was an Italian architect‚ who introduced Renaissance architecture to Milan and the High Renaissance style to Rome‚ where his plan for St. Peter’s Basilica formed the basis of design executed by Michelangelo. His Tempietto (San Pietro in Montorio) marked the beginning of the High Renaissance in Rome (1502) when Alexander VI appointed him to build a sanctuary that allegedly marked the spot where Peter was crucified. Around 1474‚ Bramante moved to Milan‚ a city
Premium Rome Donato Bramante
Genicon 1. What advantages and disadvantages does Genicon have over large multinational corporations in the process of market selection? Genicon has been at disadvantage in US market due to group purchasing organizations have been controlling sales of minimally invasive surgery products since 1990s. GPO financial structure has been favoring large companies and it was getting difficult for several startups or smaller organization to enter market and position them. Since Genicon did not have big
Premium Economics Marketing Management
Advantages and Disadvantages of Oligopoly When the market is dominated by a few suppliers‚ it is termed as oligopoly. It can be observed in the television industry of the United States‚ where the market is governed by a handful of market players. The advantages and disadvantages of this market form can be clearly demarcated. Oligopoly market form exists in the television and media industry‚ health care insurance industry‚ and cellular phone service industry of the United Sates. This is because each
Premium Economics Monopoly
Advantages and Disadvantages of Decentralisation Decentralisation means diffusion of authority. The dispersal of authority of decision- making to the lower level management is termed as decentralisation. Decentralisation of authority is a fundamental phase of delegation and the extent to which authority is not delegated is called centralisation. Here got some advantages and disadvantages of decentralisation. Firstly‚ distribution of burden of top executive. Decentralisation helps to its executive
Premium Decision making Management Organization
Advantages and disadvantages of technology? * 5 years ago * Report Abuse Zwun Best Answer - Chosen by Voters advantages- 1.made mundane things faster(paying bills‚ writing letters etc) 2.easier- like u asking a question and just waiting fer d ans :) 3. enabled us to explain previously unexplained things ( like what is matter made up of ‚etc) 4. made organization‚ co ordination more feasible on a larger scale 5. is helping us evolve faster(mentally) 6. Has given us the
Free Technology
|Entry Mode |Advantages |Disadvantages | |Joint Venture |Gain immediate access to local partner’s knowledge‚ |Coordination between partners may not be smooth | | |expertise‚ networks‚ and market share |Political risk exposure is high | | |Development
Premium Economics International trade Brand