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merits of this is it gives us the knowledge about two variables, two products, & difference between them.
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What is the advantage and disadvantage of error detection method in data communication?
what are the merits and demerits of data communication
What are the merits and demerits of demonstration method of teaching?
Merits: Demonstrations can make learning more engaging and memorable by providing a visual and hands-on experience for students. They can help clarify complex concepts and foster student involvement and participation. Demerits: Demonstrations can be time-consuming to prepare and execute, and may not always be feasible for certain topics or class sizes. Also, students with different learning styles may not benefit equally from this method.
Explain various pricing method with their merits and demerits?
The merits of the sampling methods takes the right products to the right customers. The demerit of this pricing method is that there are some goods which can't be sold therefore leading to losses.
What are Merits and demerits of barometric method of demand forecasting?
Merits: The barometric method of demand forecasting relies on leading economic indicators, which can provide valuable information on future trends. It is relatively simple and easy to use, making it accessible to businesses of different sizes. Demerits: This method can be unreliable if the indicators used are not closely related to the business or if there are sudden changes in the environment that are not reflected in the indicators. It also does not provide a detailed analysis of specific factors influencing demand.
Merits and demerits of net present value?
Advantages:With the NPV method, the advantage is that it is a direct measure of the dollar contribution to the stockholders.With the IRR method, the advantage is that it shows the return on the original money invested.Disadvantages:With the NPV method, the disadvantage is that the project size is not measured.With the IRR method, the disadvantage is that, at times, it can give you conflicting answers when compared to NPV for mutually exclusive project.BY SHARANYA NV
What are the demerits of project method of teaching?
Some potential demerits of the project method of teaching include the potential for projects to be time-consuming, requiring extensive planning and resources. Additionally, there may be challenges in assessing individual student understanding and progress within a group project. Lastly, the success of project-based learning can depend on student motivation and engagement, which may vary among participants.
What are the advantages and disadvantages of clinical method in psychology?
merits 1 variety of cases 2 cause and effect relationship 3 guidance and counselling 4 individualized method 5 diagnostic use 6 special learning disabilities 7 personality adjustment 8 wider application demerits 1 lack of applications 2 lengthy method 3 costly method 4 lack of trained persons 5 element of subjectivity 6 lack of verification 7lack of validity and reliability
What are the merits and demerits of sampling methods?
Advantages and Limitation of Sampling: 1. Sampling saves time and labour. 2. It results in reduction of cost in terms of money and manhour. 3. Sampling ends up with greater accuracy of results. 4. It has greater scope. 5. It has greater adaptability. 6. If the population is too large, or hypothetical or destroyable sampling is the only method to be used. The limitations of sampling are given below: 1. Sampling is to be done by qualified and experienced persons. Otherwise, the information will be unbelievable. 2. Sample method may give the extreme values sometimes instead of the mixed values. 3. There is the possibility of sampling errors.
Merit and demerit of primary and secondary data?
PRIMARY DATA MERITS 1. it gives valid information 2. you can observe finer nuances as in the case of interview or observation method 3. as in questionnaire, the anonimity of respondent is preserved DEMERITS 1. it can be difficult to gain access to the sample 2. the sample may behave unnaturally in the presence of the interviewer 3. personal bias may affect the outcome 4. it can be time consuming SECONDARY DATA MERITS 1. a variety of information 2. variety of opinions 3. in depth information 4. time saving DEMERITS 1. the data may be inaccurate 2. the data may be outdated 3. personal bias of researcher may affect the result 4. the information may not always be relevant
What is the effect of globalization on people?
globalisation has merits and demerits.. it has on one hand opened up world markets, gave the people time to inculcate values, introduced mew method of technology and made trade oreinted. but................. it had led to competition. the poor countries became supplier of goods to tne multinationals.consumerism set in. dollars have become god. the rift between rich and poor nations began to widen.
Is entrance test the right way to select students?
Every method has its merits and demerits. Entrance exam is a way to pick out the eligible student based on certain criteria. Many profound scholars make question paper based on the aptitude and the application of what we have learnt. While on the other hand, there many good achievers who could not get admissions due to failure in such exams. A good preparation is a must. I hope you got my point. :)
Discuss the merits and drawbacks of the point-by-point and block methods?
The point method measure price elasticity of demand at a different point. Its a refund.
