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
Disadvantages of being rich There are many disadvantages of being rich. Sure‚ the rich can buy all the material items they want‚ but is that all there is to life? The rich never seem to be able to fully trust their friends. They have problems maintaining long lasting relationships. Family affairs for the rich are strained‚ because of money being the main concern. The wealthy are caught in a struggle of trying to make friends and family happy. The rich never know whom they can trust. Trust is a
Free Interpersonal relationship Family
Advantages and disadvantages of science In today’s world it’s almost impossible to live without science. We use science all the time in different aspects of our daily life. The world would be a certainly different place to live in without cell phones‚ airplanes‚ computers and other gifts of science. All the technology devices need power to run and without science‚ it would be impossible to product the much needed electricity to run the various devices. Thanks to science‚ we now know more about
Free Human
Advantage and Disadvantage of Technology Introduction Technology is the making‚ modification‚ usage‚ and knowledge of tools‚ machines‚ techniques‚ crafts‚ systems in order to solve a problem‚ improve a preexisting solution to a problem‚ achieve a goal or perform a specific function. Technology is‚ by definition‚ the practical application of knowledge. It is the systematic treatment of art and science. In the last century many people did things by hand but nowadays more and more tasks have
Free Technology Innovation Prehistory
What advantages and disadvantages of POMR‚ SOMR‚ and SOAP charting influence medical records and why? Some advantages of POMR: (problem-oriented medical record) Filter problems by status. Grouped in chronological order by encounter date or entry date. Feedback from patients and others. Promotes problem solving approach to care. Some disadvantages of POMR: More difficult to track trends in patient status. Fragments data because of the increased number of flow sheets required. Results in
Premium Health care Patient Health care provider
No doubt‚ Facebook is the most powerful social media and social networking site. You can use Facebook to connect with your family‚ friends‚ work colleague and to meet new people. This is the best way to find your school‚ college or any other old profile. Most of the people who know how to use a computer and internet‚ have a profile on Facebook. Moreover‚ it’s easy to find like-minded people by seeing their interests‚ and you can easily connect with them using wall updates‚ private message‚ poke or
Premium Facebook
ADVANTAGES AND DISADVANTAGES OF ECOTOURISM If done right‚ there are many more advantages of ecotourism than disadvantages. Unfortunately‚ ecotourism is still a new field of study and a new sub sector of the tourism industry. And‚ with most new found industries‚ many organizations‚ companies‚ and countries are taking advantage of it. With so many disadvantages of ecotourism‚ it is hard to see the advantages and benefits of ecotourism. However‚ if done right‚ the
Premium Natural environment Ecology Environment
Advantages and disadvantages of franchising‚ and advice I would give to an entrepreneur who is evaluating a franchise opportunity The advantages for the franchisee The franchisor franchisee relationship is symbiotic-each party provides the other something beneficial it would not have been able to provide for itself. Both gain so both must contribute. The franchisor’s best interest is having each of its outlets succeed‚ and because of this‚ the franchising firm provides a number of advantages to
Premium Franchising Franchise
accordance with the popular vote in a parliamentary vote‚ as well as qualification of citizens. The establishments of both courses are some advantages and disadvantages. In other words‚ they are the reason that people know they have to stand so that you know where it is. Then you must weigh the pros and cons of the Electoral College (Advantages and Disadvantages
Premium
Disadvantages Of Social Media Social media can be define as “"a group of Internet-based applications that build on the ideological‚ multi -faceted‚ and technological foundations of Web 2.0‚ and that allow the creation and exchange of user-generated content." We are living in a world in which the social media is common and available to us. From Google to Facebook‚ the world has embraced the new tools that help us interact each day no matter where we are. The first disadvantage of social
Premium Social media Sociology