Concentration on a Single Business
Advantages
Operational focus on a single familiar industry or market.
Growing with the market brings competitive advantage.
Current resources and capabilities add value.
Disadvantages
No diversification of market risks.
Vertical integration may be required to create value and capabilities add value.
Opportunities to create value and make a profit may be missed.
Pros
One advantage to having a business strategy is knowing what direction your company is headed. A disadvantage to having a business strategy is the fact that your strategy could be wrong for the industry.
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Advantage - You can use your account for online bill pay. Disadvantage- The bank charges you Atm fee when you have to get money from another machine.
One advantage to purchasing from a catalog is the fact that you didn't have to go out. A disadvantage is the fact that you have to pay shipping costs.
The advantage is that the wage bill is reduced, the disadvantage of the retrenchment growth strategy is that a firm may loses employee without reaching their full potential.
One advantage to having a business strategy is knowing what direction your company is headed. A disadvantage to having a business strategy is the fact that your strategy could be wrong for the industry.
What are the advantage and disadvantage of fidelio?"
The advantages are that everything will be working together. The disadvantage is sometimes there will be miscommunications with everything going on.
One major advantage to having an integrative strategy is the fact that the entire business will be able to support the organization when necessary. One disadvantage to having an integrative strategy is problems with coordination.
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advantage is its fpree. Disadvantage is that its not fpree.
Advantage and disadvantage are complete opposites. An advantage is something which is beneficial to an individual. A disadvantage would be not to ones benefit.
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Advantage: Language allows us to communicate complex ideas, emotions, and information with others, fostering understanding and connection. Disadvantage: Miscommunication, misunderstandings, and language barriers can lead to conflict or confusion.