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What are the advantages and disadvantages of expanding the business to include the employment of additional staff?
Businesses generally don't expand for the purpose of employing more people. But you probably meant to ask what the benefits and drawbacks are of having a bigger staff as a result of a need from a growing business.
Advantage: increased productivity.
Disadvantages: increased costs and liability.
What else can I help you with?
An expanding incident may require delegation of authority for the performance of Operations Planning Logistics and Finance Administration functions The people who perform these four management fun?
Command staff
What are some examples of business goals and objectives that companies commonly set to achieve success?
Some common examples of business goals and objectives that companies set to achieve success include increasing revenue and profitability, expanding market share, improving customer satisfaction, enhancing brand reputation, and fostering innovation and growth.
Why business managers might set growth as a business objective?
Growth leads to increased profit, expanding a business will allow it to produce a wide range of products, create a brand name for itself and sustain a position in the market.Also when a business is large it can enjoy economies of scale which will help the business to cut down its cost of production. - Aditta
What strategic management?
A company is said to have strategic goals if in fact it creates business or change of business. Here is one example. A company like Pepsi Cola, retains its customer base in cola sales, however, develops a new policy that is geared to expanding its business base by deciding to compete in non-cola beverages. This new policy can be said to be a new strategy.
What are some examples of project goals and objectives in a business setting?
Some examples of project goals and objectives in a business setting include increasing revenue by a certain percentage, improving customer satisfaction ratings, launching a new product or service, reducing operational costs, and expanding into new markets. These goals are specific, measurable, achievable, relevant, and time-bound to guide the project towards successful completion.
What are advantages and disadvantages of Cambodia to join Asian?
There are many advantages and disadvantages when you hear Cambodia joining Asian. The advantages are expanding free trade and communications technology. While the disadvantages are a slight chance of the economics not working out.
What are the advantages and disadvantages of horizontal filing system?
Advantages of a horizontal filing system include easy access to files, efficient use of space, and better organization of documents. However, disadvantages may include limited storage capacity, difficulties in maintaining file integrity, and challenges in expanding the system.
What are the disadvantages and advantages of expanding family?
well the other kids might feel left out or as if they are feeling replaced, but the good thing is that you have another family member and in the long run, that will help.
What is product diversification?
The process of expanding business opportunities through additional market potential of an existing product. Diversification may be achieved by entering into additional markets and/or pricing strategies.
What are advantages and disadvantages of peripheral devices?
One advantage of a peripheral device is that it makes many networking tasks easier. A disadvantage is compatibility issues that can occur.
What were the advantages and disadvantages of rocky soil and little rainfall in ancient Greece?
The disadvantage was that Greece's soil was unable to house and feed its expanding population. The advantage was that this was the cause of emigration of Greeks to better places, leading to the establishment of many Greek colonies in Asia Minor and southern Italy. This again facilitated the spread of Hellenism.
What are the advantages and disadvantages of the stagecoach travel in the 1800?
Stagecoach travel in the 1800s offered several advantages, such as relatively fast transportation across long distances and the ability to carry passengers and cargo simultaneously. It facilitated commerce and settlement in the expanding American West, connecting remote areas to urban centers. However, disadvantages included the risk of delays due to weather or rough terrain, the potential for robberies, and limited comfort and amenities compared to modern travel options. Additionally, the journey could be perilous, with health risks from exposure and the hardships of long hours on bumpy roads.
What is the advantage and disadvantage of primark?
i dnt know can you help me but the advantages are Primark has changed over the years because their stores have been expanding over the years.
Advantages and disadvantages of following the HE course in relation to your own personal development?
Pursuing a higher education (HE) course can significantly enhance personal development by fostering critical thinking, expanding knowledge, and improving communication skills. It also provides networking opportunities and a sense of achievement. However, the disadvantages may include financial burdens from tuition fees and potential stress from academic pressures. Additionally, time commitment could limit personal interests or work experience opportunities.
When would the Fed use a tight money policy?
When looking to decrease inflation, and the real GDP level is above full employment.
What are the disadvantages of stone houses?
Some disadvantages of stone houses include higher construction costs, difficulty in modifying or expanding the structure, potential for moisture problems if not properly sealed, and limited availability of skilled stonemasons for repairs.
What is the employment outlook for a biologist?
There are many jobs in marine Biology available. The number is constantly expanding because of the issue of the plummeting number of commercial fishes left caused by the world's overfishing problem.
