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TPS- Transaction Processing System DSS- Decision Support System ESS- Executive Support System
The advantages and disadvantages of Aalaamal business across the internet
The disadvantages of writing a business plan is that it may skip some integral issues. A business plan is in theory which might be far from the reality or practical application.
Advantages: Easier loan approvals, thought out and often proven business plan, support from corporate, co-op advertising, brand name advantage etc... Disadvantages: Royalty fees, binding agreement, higher up front cost
Social entrepreneurship is when one starts a nonprofit business to create or sustain social value. The disadvantages are the risk of losing nonprofit status, lack of support or funds, possibility of poor reputation due to disaster, or possibility of managing rapid growth.
this is which a system that support to share information in a business or an organization.
There are a few advantages and disadvantages of the RTGS system. One of disadvantages are the gross system been at risk of gridlock from not having enough money. The advantage is having the savings in money to support any payment transaction.
Training Requirements: Although computerized accounting systems are generally user-friendly, they still require some training to use effectively. Employees may need to be trained on properly using the software, which can take time and resources.
TPS- Transaction Processing System DSS- Decision Support System ESS- Executive Support System
A computerized accounting system can have faults embedded into the software. These problems can lead to inaccurate calculations for the business.
Franchising is a business model that involves purchasing a license to perform a specific, established project that normally includes the use of well-known trademarks, merchandise, signage, software and a pre-established business system to support your business success. There are advantages and disadvantages between selecting to launch your business concept and buying into an established franchise.
inability to lower tariffssufferage of LDC (lower deveolped countries)Not enough funding to support their system
Advantages: beter trade items, more varied economy, and surplus of food Disadvantages: need for a more organized gvt. System
disadvantages of networking
The advantages and disadvantages of Aalaamal business across the internet
EDP : Electronic Data Processing MIS : Management Information System DSS : Decision support System Strategic and end users support E-business , E-Commerce
The decision support system in MIS helps the management level staff to make comparisons and alter certain processes for smooth running of the business. The system acts as a guide.