consideration shows that it also has disadvantages. It can be admitted that tourism offers many advantages. The most obvious advantages is generating huge amounts of money which contributes considerably to the economic growth of an area. By attracting people from almost everywhere‚ the area can get much money in order to develop the other essential public services such as hospitals and schools. Another advantage is giving the citizen of the area the chance to escape poverty and attain a higher living standard
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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
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ASSIGNMENT-1 SOUTHWEST AIRLINES CASE STUDY QUESTIONS 1. How does Southwest Airlines get its competitive advantage? 2. How does Southwest Airlines execute its strategy? 1. How does Southwest Airlines get its competitive advantage? Southwest Airlines uses a Cost Leadership Strategy‚ however most pricing strategists would agree that having a low price does not‚ in itself‚ constitute a competitive advantage. In fact‚ thinking that low prices are always a good strategy for competition is deeply misguided
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1. What are IKEA’s firm-specific advantages? Country - specific advantages? IKEA’s firm and country specific advantages could be the following: IKEA sells the same furniture all over the world‚ so IKEA rips huge economies of scale from the size of its stores and the big production runs necessary to stock them. IKEA also offers a low competitive price because of the economies of scale (30% lower than competitors) Exclusive relationship between IKEA and its suppliers‚ offering modern and exclusive
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Advantages and Disadvantages of international aids Cultural and economic advantages and disadvantages Introduction This chapter discusses the cultural and economic advantages and disadvantages for Australia that result from its Indonesian aid links. The discussed economic and cultural benefits include the long-term development of Indonesia and its region and the improvement of employment and investment opportunities for Australian businesses and of training opportunities. The discussed economic
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under contract tutors. The first advantage of home tutors ‚ is that they are usually specialised or have craved a names for themselves in particular subjects . Their knowledge is first-rate and they convey the right information to their charges . Their outlook is professional . On the other hand‚there are some homett tutors who are just interested in moonlighting for the additional income.They are not truly qualified to teach the subjects. The second advantage is that some are passionate about
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Advantages of Sole Traders It is easy to set up a sole trader. A person can set up a business immediately. There are few‚ if any‚ forms to fill in or procedures needed to set. Easier to run than any other types of business. The owner is in sole charge‚ easier in terms of decision making. Tax Advantages Taxed differently eg. NI contributions are low There are no legal fees to set the firm Control The owner is in sole charge – can make whatever changes they want No meetings required to implement
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1. Does Samsung have a competitive advantage? If so‚ how are they creating added-value compared to industry competitors? Make sure to quantify your claims. (In answering this question‚ you will find helpful information in exhibits 6-7k (but not only there)). a. Compare Samsung’s “value stick” to that of an “industry average” competitor and briefly justify any differences. (Remember that willingness-to-pay and willingness-to-supply are generally unobservable‚ but you can still engage in informed
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Handphone also known as mobile phone or cell phone or smart phone‚ and is an electronic device used for mobile telecommunications (mobile telephony‚ text messaging or data transmission) over a cellular network of specialized base stations known as cell sites. Martin Cooper invented the handphone. He is a Motorola researcher and executive. Martin made the first call on a handheld mobile phone on April 3‚ 1973. Cells for handphone base stations were invented in 1947 by Bell Labs engineers. Handphones
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They’re all familiar with the government and know the rules‚ advantages‚ and also the few disadvantages of the monarchy. If you were to switch all of these people’s governments on them you are guaranteed a slew of chaos. Nobody will understand or know any of the laws that you may as well be in a state of lawlessness. It would be easiest to stick with the monarchy because everyone already knows what is going on and
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