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Text-based interviews in the hiring process offer the advantage of convenience for both the employer and the candidate, as they can be conducted at any time and location. They also provide a written record of the interview, which can be useful for reference. However, text-based interviews may lack the personal connection and non-verbal cues present in face-to-face interviews, potentially leading to misunderstandings or misinterpretations. Additionally, they may not fully assess a candidate's communication skills or ability to think on their feet.

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Advantages and disadvantages of a public limited company?

Advantages for public limited companies include unlimited liability of shareholders, legal entity (operations are unaffected by shareholder death), and no limit on the number of shareholders who can raise capital. Disadvantages include problems managing a large company, slow-decision making process and loss of control by the original founder (s).


What are the Advantages and disadvantages of strategic management?

One of the advantages of strategic management is that it provides a frame-work for the decision making process which helps maintain business operation standards. A disadvantage is can impede flexibility where future options to alter management strategies may be declined.


What are the Advantages and disadvantages of competitive bidding for government contracts?

One advantage to bidding on governmental contracts is the fact that the winning bid will offer the best services for the job. A disadvantage to the process is the fact that bidding may make a business bid too much for the contract.


What are advantages and disadvantages of bank draft?

Bank drafts offer several advantages, including guaranteed payment, as they are drawn against the bank's funds rather than an individual's account, reducing the risk of bounced checks. They are often viewed as secure and reliable, making them suitable for large transactions. However, disadvantages include potential fees associated with obtaining a bank draft, and the process can be slower than electronic payment methods. Additionally, if lost or stolen, recovering a bank draft can be more complicated than other forms of payment.


What the advantages and disadvantages of bank loans?

Bank loans offer several advantages, including access to significant capital for business expansion or personal needs, often at lower interest rates compared to other financing options. They can also help build credit history when repaid on time. However, disadvantages include the requirement for collateral, potential for high interest rates for those with poor credit, and the obligation to repay the loan regardless of financial circumstances. Additionally, the application process can be lengthy and involve extensive documentation.

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