Opportunity cost is the key to comparative advantage: Individuals and nations gain by producing goods at relatively low costs and exchanging their outputs for different goods produced by others at relatively low cost. All potential trading partners can gain enormously through appropriate specialization and exchange.
Advantages
You can stand out.
You can have a unique selling point.
You can attract more customers if they are draw to your unique business.
It helps you to be recognised and noticed.
It helps your business to be remembered.
Disadvantages
If it is too unique it will put off potential customers and only appeal to a selected crowd which could end up meaning you would have a smaller business.
It might not appeal to everybody.
It might not attract your target market.
Other competitors may use similar idea to yours and then you will have no unique selling point.
Once your business is well known it is important to come up with other new unique points to keep customers reeled in and interested in your business.
i dont know thw answer.
it is useful in research
it does not have an absolute zero.
The advantages of field research is that you are getting information that is fresh from the source. You will get a pulse on what is happening now. The disadvantages is that sometimes field research does not represent the population as a whole. It also takes a lot of time to do.
ADVANTAGES: 1) The purpose of exploratory research is to know the unknown 2) It narrows down the scope of investigation
no idea help please
better control, cost effective procedures
The advantages are that today's youth is in touch with technology and what's cool. Disadvantages are that they are all idiots. (I'd know :) being that I am a teen)
Advantages and Disadvantages of equity
advantages and disadvantages
Security and storage are the disadvantages of computers for research institutes. The two above-mentioned limitations -- which ironically also serve as advantages -- exist because of crashes, glitches, and hackings.
advantages and disadvantages of recession
what are the disadvantages and advantages of antipyretic