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A CFO promoted to CEO will ensure that the business runsprofitably. A disadvantage is the fact that the CFO may only befocused on financial instead of helping their community.…
It allows additional value to be added to your product or service while enticing the impulse buy pattern of the consumer.
Advantages of using project management tools are:Tools can facilitate the creation and maintenance of project artifacts (e.g. project schedule) and especially good at complex …analysis (e.g. Earned Value Management);Tools are very good at linking to sub-projects or other work packages/plans;Tools are very good at providing various outputs (e.g. Gantt Charts, Milestone Charts, Network Diagrams etc)They can assist in the estimating/scheduling/planning stage and many scenarios can be run to find the most appropriate course of action;They are a good reminder of what needs to be done and what is outstanding;They can help record, link and analyse lots of data (e.g. Requirements Management Tool, Change Management Tool; Stakeholder Management Tool or Lessons Learnt Tool);They are good for trend analysis and looking at prioritising or re-scheduling activities (e.g. resource scheduling);Contribute to the build up of statistical information to assist in improving management of future projects;Allows a more objective comparison of alternative actions/decisions and provides repeatable results;Helps distinguish between good and bad luck and good and bad management;It can provide electronic methods of approvals, speeding up decision making;Can be very good when teams are not co-located at one place, and the team can access data when they need it and not rely on any individual (e.g. methods and procedure database with the most up-to-date versions on it);Can be good at generating automated reports (e.g. timecards associated with individual projects), if they are setup in the right way in the first place;Very good at re-assigning authority when individuals are away, so decisions can still be made and do not rely on single points of failure;The requirement to measure physical items facilitates tighter management controls; Disadvantages of using project management tools are:Some people (including management, team members, stakeholders) can find them difficult to understand;Tools can sometimes take too much time just to maintain the data and keep the tool updated - Don't under estimate the cost of capturing the data;They take time and effort and funding to train the staff to use;Often can often be expensive and there is a license fee attached to the tool (if not developed in house) and annual maintenance charges;Change them and updating can be costly and complex;Staff can use them inappropriately and not enter the required data to make them worthwhile (e.g. risk management tools);They can require lots of data to be generated and if it is not generated, then the results of the tool maybe suspect;If not understood properly they can be prone to error and can produce misleading results and can lead the Project Manager to make ill-informed decisions;They can be too complicated, too time-consuming and unnecessary for small projects;Use with caution on very large and complex networked projects because you can make a change and this could affect the rest of the project and you may not be aware of the automated changes the tool makes;People can tend to trust the tool outputs without questioning the rigor that went into producing the results;It can be very difficult retrospectively looking at what happened if you didn't capture the input data at the time;Tools can hide the detail and provide a whole project view, which may hide over performance in one area and under-performance in another. Project Management Tools are very useful if applied in a disciplined manner. If they are used to replace expertise and in other inappropriate ways, then they will not provide value for money. Project Managers should constantly review the use and output of tools, because just because one was bought some time ago, it doesn't mean it is still of value today or in the future. If you want to migrate data to the next generation system, consider using open architecture or commercial standard tools and systems, otherwise if you use be-spoke systems it could be more costly in the future. Also look at what tools your customers and competitors use.
Some of the advantages of project management are: You can collaborate with team members, it can do document sharing, it can manage project costs, its reporting abilities a…nd it is intuitive to use. On the other hand, its disadvantages are: Certain programs can be costly with little ROI, the software may complicate simple projects and this can execute issues when relying on programming alerts.
Advantages of CASE tools Productivity Consistency Methodology automation Encourage good practice and Documention Sanjay Billore Disadvantages … Initial system is more expensive Difficult to customise Training Cost Integration to current system mickf13
MERITS OF PROMOTION: v Promotion places the employees in a position where an employee's skills and knowledge can be better utilized. v It creates and increa…ses the interest of other employees in the company as they believe that they will also get their turn. v It creates among employees a feeling of content with the existing conditions of work and employment. v It increases interest in acquiring higher qualifications, in training and in self development with a view to meet the requirements of promotion. v Promotion improves employee morale and job satisfaction. v Ultimately it improves organizational health. v It creates awareness of the existence of the product or service offered. v It can provide customers with information about the product that may be useful to them, and therefore produces an incentive for them to buy your product, or use your service. v It also helps increase the market share. DEMERITS OF PROMOTION: v It can be quite costly depending on the advertising medium you use; obviously TV and radio advertising tend to be more expensive than advertising on notice boards or on eBay. v Some methods of advertising are more effective than others. v Promotion also tends to be competitive. So no matter how much you spend on advertising, if you've got many competitors (substitute products or services), and their methods are more effective, then your promotion campaign may not work. v It asks for more responsibility and more stress; higher expectation of you in the job like more hrs possibly.
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The advantages of promotions usually end with more sales. It is the value of these sales to the business that can be the disadvantage. Not only does a promotion co…st money to promote, but usually the promotion consists of a price reduction which means less capital for the company altogether. A promotion must always and foremost consist of a strong branding strategy to help reinforce the brand for future consumption and not just for thrift shoppers.
http://wiki.answers.com/Q/Advantages_and_disadvantages_promotion_from_duty" When posting advertising promotion, we should carefully consider: 1. What are our target markets th…at our ads reach with? 2. The advertising promotion may be different based on target market. 3. What media we use for advertising? Like TV, radio, posters, press releases, brochures, etc. 4. Which media is most practical in terms of access and affordability for that target market (the amount spent on advertising is often based on the revenue expected from the product or service, that is, the sales forecast)? 5.Who may convey our ads message or influential in our target market.
What are the advantages and disadvantages of export promotion and import substitution industrialization?
Advantages of ISI 1. Increase in domestic employment 2. Reducing dependence on labour non-intensive industries such as raw resource extraction and export 3. Resilience i…n the face of a global economic shock ( such as recessions and depressions) 4. Less long-distance transportation of goods ( and concomitant fuel consumption and greenhouse gas and other emissions) Disadvantages: 1. The industries it creates are inefficient and obsolete as they aren't exposed to internationally competitive industries which constitute their rivals and that the focus on industrial development impoverishes local commodity producers who are primarily rural. 2. Increase in unemployment internationally as world GDP decreases through the promotion of inefficiency.
What are the advantages and disadvantages of structured English that is the tool of structured analysis?
Hi there i was searching for disadvantages of structured English and came across your question, I have some advantages noted already, so thought I would share Advantages: …Structured English is designed to be easy enough for a user who knows nothing about computer programming to be able to understand the steps involved in performing the various processes, yet the structure of the descriptions make it easy to eventually convert to a programming language. Using Structured English also means not having to worry about initialising variables, opening and closing files, or finding related records in separate files. These more technical details are left to later in the design stage. Structured English and Logic Modelling are used in conjunction with Data Flow Diagrams and other models (E-R) to provide us with an unambiguous and thorough explanation of the system specifications. Structured English is intended to be used as a communication technique for analysts and users. Analysts and programmers have their own communication technique, pseudocode, which is really an extension of the Structured English concepts except that it resembles a programming language more than spoken English.
I don't think there is a disadvantage in using promotional gifts. People love freebies and potential clients will surely appreciate this kind of promo item.
Benefits from using a simple tool like JMeter are: It’s free! It’s easy to use. It has a simple and intuitive GUI. This encourages you to use it from the sta…rt while you’re developing your application It’s open source. You may modify it or add new features--if you have the time and skills The drawbacks are It’s open source! There’s no guarantee of support or further development. However, I don’t consider this a real problem with a tool like JMeter, which easily can be replaced by another tool. Getting "correct" response times from JMeter forces you to understand how to make a realistic client/server setup. If you’re not careful you might end up measuring some incidental bottleneck, like your own workstation’s capacity. On the other hand, I guess that you’d have to consider things like this with any tool!
You will need to be more specific about the exact tool.
The advantage of using steroids for tinnitus relief is that the steroids can reduce the inflammation and cure the ear ringing symptoms. However, the disadvantage of using ster…oids to treat tinnitus is that steroids can cause other unrelated health issues and even make tinnitus worse.
The advantages of sales promotion methods are that they get more people interested in the product or into the business as well as let consumers try the product at a lower …cost in hopes that they will later buy the product at full cost. The disadvantaged are cost and improper use of the methods for the product being sold.