pattern (e.g. ‘Just- in- time’) to avoid excess capacity. ’B’ items are important‚ but of course less important than ’A’ items and more important than ’C’ items. Therefore ’B’ items are intergroup items. ’C’ items are marginally important. Advantages and Disadvantages of ABC Analysis Inventory Activity Based Costing‚ or ABC‚ is a method of allocating overhead and direct expenses related to the most important activities of the company first. This process allows business owners and managers an opportunity
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an artist. The same as the painter thoroughly selects colours for his masterpieces‚ the interpreter chooses the most suitable words and expressions in his speech but only in his case this time-consuming process is completed on the spot. As many other artistic professions‚ interpreting also has two sides of the coin which are advantages and disadvantages. But before that‚ what qualities apply to this profession? The interpreter is a person of great enterprise. He has got a craving for widening
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1. Ad and disad of large family A bigger family gets the advantage of children that are never lonely and have had to share and make friends easily. Big families often have more fun and an excuse to get out more. Children from a big family appreciate their siblings when they are older more then they would when they are younger. However a big family gets the disadvantage of less attention. This might make them frustrated or upset. Siblings don’t always get along aswell! It can be a pain trying to
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What are the advantages and disadvantages of intellectual property in the digital age? Intellectual property (IP) is an umbrella term that covers copyright‚ patents‚ trademarks‚ designs‚ circuit layout rights‚ plant breeders’ rights and confidentiality and trade secrets. Each of these terms covers a different type of property that is made up of knowledge. Many of these terms cover physical objects‚ however it is the idea behind them that counts and needs to be protected. The above terms are all
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Standardization vs. Localization: A Disney Case Study Multi-national organizations are becoming more prevalent in the global economy. The expansion into new countries requires companies to examine policies and products more closely. Standardization and localization are the options available to corporate decision makers when deciding whether products will be consistent across geographic borders or will vary based on the culture in local regions. Many levels of standardization and localization
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Advantage and Disadvantage of Increasing Mobile Phone Use Mobile phone is a good technology which is lacking from our lives. As the manager of Institute of Occupational Safety and Health‚ I will discuss about the advantage and disadvantage of using mobile phone. In recent years‚ the world has witnessed a booming number of mobile phones. They are dramatically changing the way people contact to each other. It is apparent that mobile phone has had a profound influenced on personal live. However‚ not
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Advantages and disadvantages of using CAD Advantages * Can be more accurate than hand-drawn designs - it reduces human error. * You can save and edit ideas‚ which makes it easier and cheaper to modify your design as you go along. * You can modify existing ideas‚ which saves time. Disadvantages * The software itself can be expensive so initial costs are high. There are free software packages though. * Staff need to be trained how to use the software‚ which also adds to costs
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Advantages and Disadvantages of Mobile Phones It is for a fact that having a mobile phone now a days is a sort of a necessity and it is an inevitable truth that mobile industry is taking everyone by a storm. From the very basic thing of making a call to texting‚ and now internet access for just a touch of your finger tips. Do you have one of these? or do you know somebody who enjoys having such stuff? I do have one of those too and I wont deny the fact that I enjoys using them. So as one of the
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programmer in United States and Russia‚ which has had a significant impact all over the world. Although there are some advantages like contributing to economy growth and providing chance to search new planet for human to live‚ there are several disadvantages need to be considered like wasting non-renewable resources and including unforeseen risks. Developing space programme has many advantages. First and foremost‚ developing space programme promotes the development of economy by creating job opportunities
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The advantages of an unwritten constitution far outweigh the disadvantages (40) You must make a judgement. A constitution is a set of rules that establish duties and functions of the government and defines the basic principles to which society must conform. In this essay I will discuss the advantages and disadvantages of an unwritten constitution and show that I agree with this statement. On one hand‚ if a written constitution was introduced it would affect the power of government‚ relationship
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