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Positives and Negatives

Isolationism is a position taken in which a group, often a country, decides to remain apart from interactions with other entities. When nations or states declare themselves to be isolationist, it generally refers to its government’s wish not to trade or interact with other nations. In this case, they will not join alliances or agreements with other governments around the world.

This kind of foreign policy is clearly controversial – especially in these days of seemingly unstoppable globalization. However, as with any complex issue, there are pros and cons to this kind of policy and many perspectives to be had.

The Pros of Isolationism

1. Increased focus on domestic policy.
Some people feel that governments can become too distracted by foreign affairs and neglect domestic issues and policy. It is argued that when a country is isolationist, it can focus more intently and due to decreased investment in foreign aid and welfare, may have more budget availability for improving circumstances for citizens within the country.

2. Decreased need for spending on military budgets.
Many countries spend phenomenal amounts on their military budgets, but if the country has an isolationist stance, then there are great savings to be made in this area. A country that does not get involved in regional or international conflicts does not have the same need to maintain an expensive military. These savings could be spent on other programs that could benefit the country’s citizens and develop the country in many ways.

The Cons of Isolationism

1. Economy may suffer.
When you do not have trade agreements with other nations due to isolationist policies, it can affect how robust the nation’s economy is. For a strong and dynamic economy, there is usually a strong need for trade to be occurring between nations.

2. May become vulnerable to attack.
Countries that have got a policy of staying out of conflicts and which have got an undeveloped military may find themselves vulnerable to attack. In addition, since the country has not been actively involved in wars or conflicts, the soldiers, marines and so on may not have the necessary experience and expertise to counteract attacks.

There are a great many pros and cons to developing a foreign policy that engages with isolationism. Decisions about how and why a country will interact and communicate with other countries need to be made after seriously weighing up each of these pros and cons taking into consideration all the perspectives at hand.

IPv6 has established itself as a powerful industry-standard, though there are still some advantages and disadvantages to taking leveraging IPv6 compared to its predecessors. Not all of those in the technology world are going to truly appreciate these pros and cons, but it’s still really important to understand what you’re dealing with so that you can best move forward with the IPv6 protocol or without it.

Let’s break down the different advantages and disadvantages you may encounter when you decide to make the switch to IPv6 (or not).

The Pros of IPV6

1. More Address Space
For starters, IPv6 allows for a considerably larger address space – more than doubling the length of network and host components compared to IPv4 addresses.

While some have been led to believe that IPv6 uses billions and billions of addresses for “every single grain of sand on the planet”, nothing could be further from the truth – though the amount of space for addresses here is considerably larger than almost anywhere else.

2. Eliminate Subnetting Word Problems
Secondly, you can forget almost completely about dealing with subnetting word problems ever again!

The new IPv6 protocol allows for stateless automatic configuration as a replacement for static IP addresses (or the DHCP), even though both of these options are still available should you decide to go in that direction. This is a pretty considerable shift and change, and it’s one that really makes IPv6 super attractive.

3. Automatic Link Local Addressing
Automatic link local addressing is also really streamlined with IPv6, something that previous versions simply didn’t have the kind of “room” for and something that was a bit of a chore until this protocol rolled around.

The Cons of IPV6

Not all sunshine and roses when it comes to IPv6, however.

1. Difficulty with Topology Drawings
For starters, it’s a lot harder to fit prefixes on all of your topology drawings when you are running the IPv6 protocol.

IPv4 protocols had incredibly short length attached to them which made for really easy overlay on topology drawings. With all the extra space with IPv6 you’re going to have a bit of a tougher time.

2. System Issues
Another con that you may bump up against (but also one that you may not) is that you have too often enable IPv6 routing depending upon the kind of system that you are running. You will also have to type considerably longer address when you entered this kind of data manually, and there isn’t a lot of fun in that – and the potential for mistakes shoot through the roof.

At the end of the day, IPv6 is definitely here to stay in the benefits significantly outweigh the disadvantages.

Investing can be a good source of wealth especially when it is handled properly. Although it can be lucrative, investing also has an inherent risk. There are many types of investment portfolios you can place your fund. Some people would tell you to invest in stocks. Others would suggest investing in bonds or long-term deposits.

On the other hand, investing in mutual funds is still popular not only for novice investors but also for expert portfolio managers. There are many reasons why you should choose mutual funds. But before you make any decision, there are also many things you should consider in order to determine your success.

What Is Mutual Fund?

Mutual fund is a type of investment in which all funds from different investors are pooled and spread across various portfolios such as stocks. The reason for this is to reduce the risk by spreading it. If there’s a saying that you should not put all your eggs in one basket, such principle is the concept behind mutual fund investing.

Types of Mutual Funds

1. Open-End Mutual Fund
This type of mutual fund works like a stock broker. It accepts funds and reinvest them in various stock portfolios. The profit of investors is determined by how mutual fund managers handle the funds. You can also withdraw your money the same way you can withdraw your money from a stockbroker.

2. Closed-End Mutual Fund
Closed-end mutual funds, on the other hand, are like stocks which are listed and traded in stock exchange. They have fixed rate of dividends and are valued according to current market price. If you want to invest in closed-end mutual funds, you can analyze their charts the way you analyze the price action of a particular stock. Closed-end mutual funds are the same mutual fund companies you can invest your money in, but such companies as public corporations are also listed as other companies being traded in stock exchange.

Pros of Investing in Mutual Funds

1. Diversified Portfolios
Your money in mutual fund is invested not only in one single portfolio investment. It is invested and distributed among hundreds of portfolios along with the funds of other investors. In this way, your money is safe even if one of the hundreds of portfolios is losing because the rest the portfolios may offset the loss. If the overall market is good, mutual funds are more likely profitable.

2. Managed Account
Mutual funds are managed by expert traders and analysts who work on behalf of the company and of the investors. If you don’t have enough time or knowledge in investing in mutual funds, your money is safely managed by those who spend full time monitoring the market.

3. Liquid
Mutual fund is liquid. You can get in and out of the market any day. Although it is not as liquid as stocks in which buying and selling can take place any time of the day, mutual funds can be settled at the closing of the market.

4. Accumulation
In trading stocks, your fund will not accumulate unless you purchase additional shares, or the annual shareholders meeting of the company you bought declares that the dividends be reinvested. In mutual fund, you have the option to get your dividend or to reinvest it. If you choose to reinvest it, your fund will accumulate, and so will your income.

5. Wide Range of Investment Portfolios
Mutual funds are not only limited to investing in stocks. They also invest in several other types of investments such as bonds, currency, commodities, real estate, and bank notes. This means mutual funds can thrive in other markets if one market slows down.

6. Low Minimum Required Amount of Investment
Investing in mutual fund is not only for wealthy people. You can start investing in mutual funds for as low as $50.

Cons of Investing in Mutual Funds

1. Less Control
Although your money is invested in many different types of portfolios, you have less control of it. It is the money managers who decide where and when to trade the fund based on their market study.

2. Fees
Mutual funds charge an annual fee of around 1.5% or even higher regardless of the fund’s performance. Moreover, they charge a “load” or a certain amount per sales transaction.

3. Low Return
Mutual funds are safe, but the return is not as high as other forms of investment. In investing, the higher the return, the higher the risk. Mutual funds are low risk investment.

Conclusion

Many people have already made fortune out of investing, but there have also been many people who lost their fortune in the same manner. Your success will depend on which type of investment you would like to put your money in. Mutual funds may not promise the same fortune others earned, but it can guaranty you would not lose as much as others lost in other forms of investments. Although every investment has an inherent risk, mutual funds can be one of the safest investments you can try.

An internship is when a student or trainee works for a company in order to gain valuable experience – often, experience that must be learned hands-on versus from books. For example, doctors must go through an internship in order to meet the qualifications for their medical degree. Many individuals in the performing arts and fashion industries go through internships to gain valuable experience towards their craft.

Oftentimes, an internship is either necessary or would serve a position purpose in one’s career. Other times, however, an internship may not be warranted. It is either unnecessary, or wouldn’t really be useful. Before jumping into an internship it is important to weight out all the pros and cons. Using that, you can decide if an internship is right for you, and what you’d like to accomplish with it.

The Pros of Internships

1. You can gain valuable experience that may not be available in an entry level position
2. That experience, as a bonus, is hands-on. Many skills are better mastered this way, and many people simply learn better with a hands-on approach versus textbooks.
3. For some people, an internship meets requirements necessary for degrees or certifications
4. Since you’re basically getting paid in experience, you’ll have the ability to complete many different tasks and work on many different projects. This can help to keep the work fun and interesting.
5. There is always a possibility you could be hired on as a full time employee at the end of your internship.

The Cons of Internships

1. One of the main cons is that internships are often (as in almost always) unpaid.
2. Some may kind of look down on you, as though you’re not even part of the staff. This is a sad truth, but some professionals might see you as unqualified, and therefore, below them.
3. The term ‘intern’ will be basically glued to you, which causes a lot of people to assume you are still a student (even if you’ve already graduated from schooling and are now joining an internship for job-specific skills)
4. Since you’ll be working on a lot of different tasks, your hours may be varied, causing difficulty in creating a solid schedule.
5. Often, you’ll have to start with the grunt work as an intern, and work your way up to the things you really want to learn.

Based on the pros and cons listed above, you should be able to determine whether an internship is the right choice for you. The most important thing in the long run, however, is to remember it is your decision. Never feel pressured to take an internship – or just any internship, instead of the one you really want.

International trade is not always popular with domestic audiences but it is responsible for moving goods and service across the globe as well as expanding opportunities for economic growth. There are some obvious benefits of to international trade that are on display every time we visit a grocery store or shopping mall and find products from all over the world, however this policy also comes with some very well known costs.

The Pros of International Trade

1. Comparative Advantage
One of the foundational principles of economics is that production of a good or service should not necessarily come from the place that can produce the most output in absolute terms, but should come from wherever is relatively most suited to the task when compared to the most valuable use of resources in different locations. This concept can seem complicated but it underpins the economic logic supporting international trade.

2. Diplomacy
Countries that trade together are generally less likely to engage in conflict with one another than those that do not. There are exceptions to every rule but international trade promotes diplomacy by fostering engagement between cultures and countries. The connections these form between governments, individuals, and businesses then produces common interests that promote stable relations.

3. Increases Choice and Opportunity
Today, corporations and consumers have grown accustomed to using foreign goods or selling their products abroad. This growth in choice and opportunity is a direct result of the expansion of international trade that has taken place as a result of technological progress as well as breaking down protectionist barriers.

The Cons of International Trade

1. Unemployment
While international trade is generally assumed to promote growth across an economy, certain sectors lose out as a result of new competition or take the opportunity to move production to a lower cost location. The unemployment this produces can be particularly acute in certain sectors, such as heavy manufacturing, and can leave segments of the population resentful of the changes.

2. Environmental Destruction
International trade can have devastating effects on the environment. From the destruction of local ecosystems in search of raw materials to the pollution produced by transporting products across large distances, there are many ways that trade policy impacts the planet. Environmental concerns are increasingly raised in trade negations and incorporated into the final agreements in recent years.

3. Loss of Local Producers
Aside from the unemployment that comes follows companies going out of business or moving overseas, the production of certain goods and services can define the culture as well as economy of many regions. When these are lost, the value is often hard to quantify.

There are many ways companies fill up vacancies for specific jobs. The two most common approaches are internal recruitment and external recruitment. At times, there are deputations or temporary positions and not necessarily recruitment. Internships are mostly temporary and a type of external recruitment. Exchange programs, although rare among disassociated companies, are also a derivative of external recruitment. Internal recruitment is hiring from within the ranks and files of employees already working for the company. There are obvious advantages and disadvantages of such an approach.

List of Pros of Internal Recruitment

1. Simple & Quick
The recruitment process is very simple. One doesn’t have to use job portals or spend on advertising and one doesn’t pay to the human resource consultants or on events wooing potential jobseekers. All that a company needs to do is make a shortlist of the most suited candidates from within the payroll and then interview all the best ones in that list to find the ideal one. This is a very simple, fast and reliable process.

2. Effective Transition
Internal recruitment has two very important advantages. The company knows the employee and the employee knows the business, hence the job. Usually, it takes months for a company to truly understand and know a new recruit. A new recruit also takes a long time to truly develop the same philosophies and have a realistic understanding of what the company does, how and why. Internal recruitment pertaining to employees that have worked for a few years with the same organization will always have both the employer and the recruit on the same page. There is very little transition time and complexity while moving the employee to the new job description.

3. Impact on Workplace Culture
The induction process is simple, there is no major need for cultural grooming or on the job training, it paves the way for healthy workplace competition and the recruitments can effectively become promotions. The visible progression and possibilities of career advancement will always encourage the other employees when you go for internal recruitment. Everyone wants to know that there is scope for growth, at least the talented and ambitious employees.

List of Cons of Internal Recruitment

1. Unsuitable & Ineffective
You may not have the right talent or the right person with the ability, experience and drive to suit the job. Focusing on internal recruitment will be unwise in such circumstances.

2. Calls for Perennial Grooming
If you are not grooming people for internal recruitment, then there will be a gap in the hierarchy and you will still have to resort to external recruitment to fill that space.

Index funds have exploded in popularity among investors in the last two decades. These passive instruments are now designed to track the largest markets as well as small segments within them. The companies specializing in creating and managing these funds have attracted trillions of dollars in investments into this relatively new financial product because there are some clear advantages when compared to other investment vehicles, however there are some possible downsides that investors must be cautious of.

The Pros of Index Funds

1. Less Expensive
Because index funds are designed to track a basket of assets, the management fees attached to this investment are far lower than other alternatives. The annual cost of owning an index fund is usually less than one percent of the overall investment compared with large annual fees charged by hedge funds and other financial advisors.

2. Diverse
Financial advisors recommend a well balanced portfolio to avoid over exposure to a particular stock or sector. It can be expensive for an ordinary investor to accumulate shares in many different companies but index funds solve this problem by allowing individuals to purchase a basket of different stocks for a far lower price.

3. Efficient
Many ordinary investors as well as high priced asset managers believe they can outsmart the market consistently. Unfortunately, its almost impossible to over the long term. One of the principles of modern economics is that public markets are the most efficient way to price an asset in real real time, incorporating all available information. This theory has been demonstrated over time and index funds take advantage of this by tracking the performance of the market or a sector as a whole rather than relying on individual judgment.

The Cons of Index Funds

1. Opaque
Because the assets behind index funds are frequently changing and there are not uniform reporting standards, it is far more difficult for an investor to determine exactly what they own than if they purchased a share of an individual corporations. This is particularly important for investors focused on corporate responsibility or impact investing.

2. No Upside
Despite the difficulty in achieving constant returns over the long term, many investors and actively managed funds are able to outperform the market overall. Index funds remove this possibility, however remote, by tracking market performance rather than exceeding it.

3. Unknown Management
Trusting your hard earned money with someone takes a lot of trust, which is why many investors prefer to have a personal relationship with their asset manager. Index funds still rely on management but the individual investor will never know the people who are performing the operations behind the scenes.

Many organizations that have the liberty to be registered or incorporated in any state of the country or its nature of business allows it to be based outside the city and state where it operates are recommended to incorporate in Delaware. There are some serious incorporating in Delaware pros and cons. You should weigh the advantages and disadvantages to make an informed decision.

List of Pros of Incorporating in Delaware

1. Safeguarding Personal Assets
Incorporating in Delaware separates the business entity from the people who own the company. This is applicable in other states too but Delaware law is the sole determiner of what assets should be considered as that of the company and what assets would be personal. Delaware law is very stringent in protecting personal assets which naturally augurs well for investors and business owners should they be held liable for any financial obligation that of the company.

2. Ensuring Continuum
According to the law, incorporating in Delaware would give your business continuum. The organization or the entity will have perpetual existence. It will continue to exist after you and through the generations of succession. This is particularly helpful for businesses that are eyeing a long term future.

3. Limited or No Power Struggle
Delaware law makes it necessary to be very lucid about who owns what, who’s placed where in the organizational hierarchy and what kind of job descriptions various founders or owners will have. There is limited or no power struggle when you are incorporating in Delaware. The law is very clear and requires a neatly organized power structure. While this is particularly helpful for corporations, it also suits family owned businesses wherein different members may fight for more shares or ownership.

List of Cons of Incorporating in Delaware

1. Costly & Complicated
Incorporating in Delaware will prove costly for companies. Not only is the setting up or the process of incorporation costly and tedious, but the taxes too will be higher than other types of registered business entities. Not all companies should go for incorporation in Delaware. The costs wouldn’t make sense and there can be unnecessary complications.

2. Compliance & Regulations
Delaware law protects the owners and limits power struggle but that is accomplished only because of stricter laws and execution of those laws. The same stringency exists in other laws when it comes to compliances and regulations. These can be rather overwhelming for some companies that don’t have the necessary infrastructure and trained manpower to handle those complications.

Incineration is the process of burning the waste generated in a district, town, city or county. Incineration developed as an alternative to using landfills. The world cannot keep on dumping the waste in landfills. The world will run out of landfills that way. From that perspective, incineration is a solution. But it has some different challenges, a few of which are quite serious and unnerving. Here are the incineration pros and cons.

List of Pros of Incineration

1. Better Waste Management
The first major advantage of incineration is waste management. The approach certainly makes waste management easier and more efficient. Incineration can burn up to 90% of the total waste generated in a chosen area. At times, the waste incinerated is more than 90%. Landfills only facilitate organic decomposition which doesn’t do much and artificial or nonorganic waste keeps accumulating.

2. Less Dependence on Landfills
Incineration reduces the need for landfills. Since up to 90% and at times 95% of the landfills is vacated after the waste in incinerated, it can be an ongoing cycle. The world doesn’t have to look for new zones for landfills. This is particularly helpful in urban parts of a country where the waste generated is overwhelming and there is significant scarcity of land.

3. Savings on Transportation of Waste
Incineration plans can be in the proximity of cities or districts so the waste wouldn’t have to be driven for hundreds of miles. The cost of transport is significant. The money could be spent on welfare of the people and sustainable development of the city, district or county.

4. Energy as a Byproduct
Incineration plants generate energy from waste. This energy can be used to generate electricity or heat. It can be used to power the needs of people living nearby.

5. Uncontaminated Groundwater
Incineration doesn’t add any toxic elements to the groundwater, as landfills do. Also, the chemicals that landfills leaks into the environment including the soil get averted.

List of Cons of Incineration

1. Not that Affordable
Incineration is not an inexpensive process, far from it in reality. The costs of building the infrastructure are substantial. The cost of running incineration plants is substantial too. One also needs trained manpower and dedicated staff to keep the incinerators running. All this adds to the cost.

2. Bad for the Environment
Incinerators generate smoke. The smoke from the chimneys includes nitrogen oxide, particulates, heavy metals, acid gases and the carcinogen dioxin.

3. Long Term Challenges
Incineration discourages recycling and waste reduction. That is not a wise approach for any society. The focus should be on how to reduce waste and to make the most of recycling. Simply burning everything we waste and no matter how more we waste will only cause further environmental damage.

ICD 10 refers to the International Classification of Diseases, 10th Revision. The system is also known as ICD 10-CM, which refers to the International-Classification-of-Diseases, Tenth Revision, Clinical Modification. This system is utilized by physicians, nurses, and other healthcare providers as a means of classifying and coding diagnoses/symptoms, and other procedures that are utilized and recorded within the approach to hospital care within the U.S.

The system went into effect on October 1st, 2015. This came after a number of delays. As you can imagine, there are numerous ICD10 pros and cons that are worth keeping in mind.

Pros Of ICD-10

There are several notable benefits to embracing the ICD-10 system. These pros make it clear as to why so many medical professionals were in favor of adopting ICD-10 as quickly as possible:

It makes communication easy
The fact of the matter is that the rest of the planet has been using the ICD 10 system for quite some time now. While the ICD-9 continues to have a number of benefits, it makes communication between the U.S. and other countries all but impossible. The ICD 10 keeps the United States up to date with the rest of the world.

Better data
The detail inherent in the ICD 10 codes allows providers to not only collect the best possible data, but it also gives them the ability to better serve patients.

Accuracy
One of the biggest benefits to ICD 10 is how it will emphasize accuracy and fraud detection. Determining coverage on both the local and national level is going to be considerably easier, as well.

Cons Of ICD-10

While there are some major benefits to ICD 10, it is also important to note some of the downsides:

Reimbursement
Filing claims and getting paid is a crucial element to ICD-10. However, no other country utilizes these ICD 10 codes, when it comes to paying physicians.

Code increase
Tens of thousands of codes are added through the ICD-10. As you can imagine, there are tons of variations within these codes. For providers from all backgrounds, these variations can strike one someone as extremely confusing. Worse yet, some of the variations seem to lack anything along the lines of a purpose.

Denials
The cost-saving measures with ICD 10 has a foundation in paying less to a provider. This can lead to physicians spending more time on coding, and less time on actually getting paid.

Options
With cuts being made, practices and range of options for patients can both suffer.