Contains spontaneity and candour not always present in a personally written account. There are so many good books and as a book lover you want to read them all but you can't. My e-book, The Ultimate Guide to Writing a Dissertation in Business Studies: a step by step assistance offers practical assistance to complete a dissertation with minimum or no stress. — That's the first disadvantage of reading books. On the other hand, Betty can see some real limitations to using textbook assessments, especially with her increasingly diverse student populations. On the other hand, the evolution of modern technology has disadvantages, for example, dependence on new technology. The internal rate of return (IRR) is used to measure and compare the profitability of various business projects and investments. At present almost everything is more convenient and accessible, thanks to the technological advances in many sectors. The new constitution adopted by India did not change the overall administrative policy of the country. You can discuss certain points from your research limitations as the suggestion for further research at conclusions chapter of your dissertation. Education in the Present Period: Education today is oriented to promoting values of an urban, competitive consumer society. Even if the calculator is a good invention, man no longer makes mental calculation and no longer works his memory. Disadvantages and risks of technology. Disadvantages of Payback Period Ignores Time Value of Money. Despite how far technology has led humans and how convenient it may be, there are many disadvantages that accompany this level of success. * So many books and so little time. Five Advantages of Technological Advances 1- Discoveries in all industries Well. The limitations of financial statements are those factors that a user should be aware of before relying on them to an excessive extent. Education - Education - The postindependence period in India: India and Pakistan were partitioned and given independence in 1947, after which there was remarkable improvement in scientific and technological education and research; illiteracy, however, remained high. Provides information about a topic or time period that may otherwise lack documentation in written or archival records. This is among the major disadvantages of the payback period that it ignores the time value of money which is a very important business concept. May contain unusual dialect or speech patterns. Internal Rate of Return. Thanks for asking that interesting question. Possible Limitations of the Researcher. As per the concept of the time value of money, the money received sooner is worth more than the one coming later because of its potential to earn an additional return if it is … (2) It is simply an averaging technique which does not take into account the various impacts of external factors on over-all profits of the firm. Often conveys emotion clearly. According to Wikipedia, retrieved 19:57, 8 August 2007 (MEST), “a textbook is a manual of instruction or a standard book in any branch of study. They are produced according to the demand of the educational institutions. Disadvantages of Accounting Rate of Return Method (1) One apparent disadvantage of this approach is that its results by different methods are inconsistent. Textbooks are usually published by one of the four major publishing companies. 1 Definition. Man no longer needs to think. Knowledge of these factors could result in a reduction of invested funds in a business, or actions taken to investigate further. 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