Wednesday, January 29, 2020

Lists of input and output information and sources Essay Example for Free

Lists of input and output information and sources Essay Prior to outlining the input and output information, the system development life cycle must be in place so that the analysis is done accordingly. The correct nature of the inputs and the outputs would make the system design vary accordingly as it requires to capture the information and put it into a frame to interpret in a decisive manner to take further decisions. The systems development life cycle for Bead Bar is as follows: 1. Feasibility analysis: The new proposed system and the present working system are analyzed so that the ROI (Return On Investment) is obtained. The proposed system is further analyzed for economical, technical, schedule and other feasibilities so that it stands in front of all difficulties in the development of the project. The Bead bar enterprise’s key management people are involved in the process of feasibility analysis. All the inputs, outputs and external environment are studied in detail so that the underlying intricacies would be researched well for their impact and development. Inputs: Bead Bar’s inputs are in the form of company’s short and long term objectives, its financial base and credibility for years to come, its general strategic plans, consent of the advisors and directors, risk handling strategies and many others. Outputs: The feasibility has outputs in the form of higher management approval for the sustenance of the systems development, its full length use to cover all business functions, risk mitigation strategies and many others. 2. Systems planning and requirements gathering: After the system is thoroughly checked for all its inputs and outputs, the requirements phase takes the lead. All the key stakeholders of the departments and the users of the system must be taken into account for gathering the crucial departmental functions, requirements and its interaction with other departments to achieve the central goal of the enterprise. Input: It must be in the form of the users of the system who are better-off to understand and figure out the exact ground level happenings in the business. Their view of the workings of the enterprise must be captured so that appropriate implementation can be done. Output: The valuable information fetched from the users of the system must be given a representation and frame it accordingly to fix it into a system. 3. Systems Analysis and Design: Bead Bar’s system requirements are studied and the system is analyzed and designed accordingly. The flow of data is analyzed so that the system captures the entire business cycle and their functions. Inputs: It would come from the requirements gathering phase and the order of business flow. Outputs: It would result in helping the analysts and designers in the process of database handling and further development of the system. 4. Database Model: The database model for Bead Bar is as follows, which shows the interaction of the different entities of the business. Figure 1 : Database Model 5. Coding: The above design is given a representation of the business and the various functions are finally implemented at this stage. Inputs: It is in the form of requirements gathered from the previous stages and the design documents. Outputs: It results in actual implementation of the system so that it can be viewed physically. 6. Implementation and Training: This stage correlates with actual planting of the system at the Bead Bar so that the present system is replaced and the proposed system takes its place. The users must be trained to operate the business functions with the system, store and retrieve data whenever it is demanded. 7. System feedback and maintenance: The general working of the system must be responded back so that any form of negative points would be highlighted and discussed to take advantage of the system and technologies involved. 8. Systems Review and Maintenance schedule: The review and maintenance schedule must include the following: Preventative maintenance – Maintenance schedules are a necessity for keeping the resources of a system in good health. The hardware, network equipments, communication programs and software must be periodically checked whether it is up and running (Mawer, 2000).

Tuesday, January 21, 2020

An Investigation into the Housing Market Essay -- Housing Economics Es

An Investigation into the Housing Market Economics Describe and analyse the changes of housing in the local area over the last 5 years The housing market is one of the most talked about topics in the news. I assume this is due to the high influential potential it holds to the rest of the economy. In this essay I will focus on the causes in house prices. I will investigate how prices have changed nationally and locally. I interviewed an Inter counties estate agent to help my investigation and get his views on the situation. The price of housing fluctuates enormously. Not only does it vary from region to region, but also it is also very volatile within these regions. There are many causes for these unstable prices. According to a spokes person form the Inner county estate agents says there are many factors, which influence the housing market. He believes one of the main factors, which have been influencing the local housing market in the southeast, is the large amount of people coming to work in Cambridge recently. The supply curve appeared to be vertically vertical in the short run. However, the high demand resulted in predictable high prices. Many building companies have also respond to the increases in demand, however this response will not be immediate. Another reason why we saw the price of houses rise was due to the low interest rates. This means the borrowing of money to buy a house is significantly cheaper, which is therefore retaliated with via the increase in the actual cost of a house. London being so close is another major pull factor for people wanting to live as near as possible to where work is more likely to be found. Commuting times and facilities like trains and motorways play a major role in opening up areas as 'commuter land'. People often put up with long commuting distances in order to escape from city living as a family, or to find more affordable housing at greater distance from where they work. This is why Saffron Walden has become so posh, since people have realised the benefits of life in a town of this size in a manageable distance to London. Hypothesis: If interest rates are going down, will increase demand for housing which will then in turn increase house prices. When one buys a house, one is paying for the actual house price, a mortgage, and the interest rates on the ... ...eople willing to pay the higher amounts. Schooling facilities have also got an influence in the area, which is another pull factor for people moving within the southeast. There are also relatively low borrowing costs for mortgages, which will encourage people to buy and sell their houses. According to 'The Hometrack' Property Company, house prices in England and Wales fell in May for the second month in a row. The percentage change in prices over the last year in each region can be seen in the chart. In conclusion prices for housing are high in the southeast due to a number of factors: * The demand for housing in an area, * The supply of houses, * Reputation for the area, * General interest rates influence the house-shopping behaviour, * Low interest rates enables people to buy better or bigger houses, * Facilities in the area, * Local employment chances. Region Higher prices are less desirable, and this may mean many families do not have the economic ability to live in the area. The demand refers to the quantity of houses that purchasers are willing and able to buy at a certain price. Houses are scarce in relation to demand.

Monday, January 13, 2020

Macroeconomics: Discussion Questions

In the aspect of macroeconomics, economists measure and evaluate the current condition and characteristics of a certain region’s economy based on the production ability and condition of the said population. This economic production value is summarized under the computation of the Gross Domestic Product of said the region. GDP is mainly the summary of the value added at every stage of production of all final goods produced by the subject region in a given period of time. Its computation include the total consumption of the population of the said region added with the gross investment of the private sector at the given period and the total money value of the government spending thus, summarizing the total production output of all the sectors in the society. In particular, the computation of GDP only includes the final goods and services for a particular year. This does not include the value of stocks and used goods that are bought and sold. This is mainly because the value of the said goods have already been included during the particular period on which they are originally produced thus, the second term of their usage are not being considered as this would only result to redundancy in the computation. Thus, to come up with the proper and effective measurement of GDP value, goods are only measured during the period that they were originally produced at that particular period of time. Regarding the aspect of contribution towards the GDP value of the involved region, the business firms in particular have a significant influence to the generation of the GDP of their region. Business firms are considered to be in the private sector of the business economy and their gross investment or capital becomes their contributory value towards the GDP generation. For them to affect positively the GDP value of their economy, they can increase their gross investment value towards the economy such as expanding their operation or increasing their production at the period being considered. Through which, they can effectively increase the value of GDP in their region characterizing the growth in their economy. 2. Define consumption and MPC. What is your MPC has it increased or decreased through time? Another important element in the computation of GDP is the value of public consumption generated by the spending characteristics of the population. This is mainly the gross money value generated by the financial and economic transaction such as producing, buying, and selling of the population in the given period. Intuitively, higher consumption requires higher income for the population for them to have the financially capability to buy goods in the market. Increased in the consumption through this added with the increase in the production of goods being sold in the market would result to higher GDP for the subject region. An important concern in evaluating the consumption value is the MPC or the Gross Propensity to Consume. This is mainly the proportion in the aggregate raise added in the income level of an individual or the population in general, which is added to his or her ability to consume as opposed to savings. Considering this value, the increase in MPC would be affected by the current condition of the economy and the decision of the person on whether to save or consume the additional value to his or her income. 1. How has business cycle impacted you and/or a business you have information about? How do changes in price level and production (real GDP) might have an affect on you or a business? The business cycle is generally considered to be a natural occurrence affecting the condition and characteristic of the business firm. This is mainly the event of the upward and downward growth trend in the business, which are cyclical in nature affected by the several factors internally and externally. This cycle is characterized by periods of trough, recovery, peak and recession reflected upon its value of real output. Included in the factors influencing this cycle are the price level and production level in a given period of their economy. Generally, increase in price level would likewise affect the profit level of the business, as they would generate more revenue from selling their production. On the other hand, the current production level will likewise affect the business wherein a high level of GDP would likely result to lower prices due to the surplus of products circulating in the market. The low price level would in turn, affect the business with the reduction of their income and profit level. 2. Assume that you are a business owner and looking into future, you want implement a long-term plan to expand your business what are the macroeconomics variable you will appraise to make an effective and successful business expansion? In developing a long-term expansion plan for a business organization, it is important to consider the macroeconomic variables that are influential in the business operation. In the expansion plan, it is important to consider the future possibilities of the society in which the business plan to conduct their operation. The macroeconomic variables such as the current production and price level trends are important in this plan as they would general affect the profit generation of the business. Projecting an increase in the price level would likely result to higher income for the production operation as they would generate more revenue in selling their goods thus, expanding operation during this condition can be beneficial. On the other hand, if the production level of the business’s product is high then it is likely that the good will have a surplus in the market thus, lowering their value in the market. This condition indeed would not be much ideally for the organization. Indeed, analyzing the current condition of the market is important for the expansion, as this will determine the ideal and effective moment for the organization’s plan. 3. Put the hat of a Keynesian economist on and convince your classmates why Keynesian economics polices are effective to control inflation and unemployment in the economy. The Keynesian economics is mainly characterized by its mixed value towards the state and private sector towards the development of the social economy. In this aspect, combining the gross production ability of the state and the private sector through developing strategies to equally maximize their output will effectively benefit the social economic condition. In particular, the Keynesian economic principles are effective in controlling the inflation and unemployment problems in the economy. Through encouraging greater investment and lesser savings, business organizations will be encourage to expand their operation thus, generating more jobs for the public. With this, production level will also likely increase thus, increasing the available goods in the market. In this condition, price level would likely decrease due to the surplus of economic goods thus, negating the negative factors of inflation in the subject regions’ economy. Bibliography McConnell, Campbell R. & Brue, Stanley L. (2006). Macroeconomics. McGraw-Hill/ Irwin

Sunday, January 5, 2020

Rhetorical Analysis Of I Have A Dream - 1349 Words

There before you stood a man, if it were an ordinary man, maybe you wouldn’t bother to listen. But what if the man who stood before you was a billionaire would it change your perspective on whether to listen or not? Yes. This man, Steve Jobs, a college dropout, someone who didn’t even have enough for food stood before the students of Stanford College; graduating class of 2005. Words are just words if not spoken in a correct manner. What a person speaks with passion is what moves an audience. Throughout time, speeches have been remembered because of how they connected with their audiences: â€Å"If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter.† â€Å"I have a dream†¦Ã¢â‚¬  The message that was given†¦show more content†¦He was put up for adoption because his biological parents who were both dropouts wished for him to go to college. Which indeed he did 17 years later. Through the first story â€Å"connecting the dots† showcased struggle. â€Å"You can’t connect the dots looking forward; you can only connect them looking backwards.† Things happen for a reason, in life we can’t always know what’s in store for us, but we can always look back and see what brought us to that point. From walking seven miles for a decent meal to sleeping on the floor in friends dorms Steve Jobs had no direction in which he wanted to go in life, this related to his audience on numerous levels since they were college students who some still weren’t sure what their purpose was. By presenting his life events to the students, he formed a character anyone would love to become. He began to speak about success, they say you need to work hard to achieve more but he discusses it was just his luck. This gave the audience hope, it brought him closer to them in a way many people can’t he showed he isn’t anything more than everyone who sat before him. Developing this persona not only created an argument of ethos, but allowed him to win his audience over. The audience only knows a successful man standing on that stage, not the humble one that is willing to admit the road has been tough. Although he was the most successful man, he went on talking about his hardships and developing his persona notShow MoreRelatedI Have a Dream: Rhetorical Analysis865 Words   |  4 Pagesâ€Å"I Have a Dream† Rhetorical Analysis Five elements of rhetoric: * Speaker: Martin Luther King Jr., a Baptist minister from Atlanta, Georgia, who was inspired by Christianity and Gandhi. * Audience: Primarily African-Americans were present at the speech, but it was heard by many white Americans across the country. * Subject: A call for an end to racism in the United States. * Context: The speech was given on August 28, 1963, at the Lincoln Memorial, in a time where it was very difficultRead MoreRhetorical Analysis I Have A Dream767 Words   |  4 PagesShelly Ahmed Deborah Williams Rhetorical Analysis 04 November 2017 â€Å"I Have a Dream† The March on Washington for Jobs and Freedom took place in Washington, D.C. on August 28, 1963. There was about 250,000 people in attendance. It was the largest demonstration ever seen in the nations capital, and the first to have a lot television coverage. Dr.King uses the bible to receive an emotional reaction and connection from the audience as The glory of the Lord shall be revealed and all flesh shall seeRead MoreI Have A Dream Rhetorical Analysis1346 Words   |  6 Pagesâ€Å"I Have a Dream† Rhetorical Analysis The speech â€Å"I Have A Dream† was voiced by activist Martin Luther King Junior on the Lincoln Memorial during an era in which blacks suffered prejudice in America, a place in which whites could enjoy the land’s opportunities and freedoms but blacks could not. 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The way that King conducted his speech adds to the comprehension and gives the effect that he wants to rise above the injusticesRead MoreRhetorical Analysis Of I Have A Dream Speech924 Words   |  4 Pagesis his â€Å"I have a dream† speech. The reason â€Å"I Have a Dream† speech made massive impacts, is due to It struck directly into the hearts of Americans both black and white making America realize just what is really going on in this world. King informed people about racial equality and fairness. This speech hit home so well just by the way he structured his speech. You can notice that MLK structures his speech to appeal to the different types of audience, supporting it with the three rhetorical modes;Read MoreRhetorical Analysis Of I Have A Dream Speech752 Words   |  4 Pages28, 1963 At the Lincoln Commemoration 200, 000 individuals accumulated after the Walk on Washington. This is the place Dr. Martin Luther conveyed his discourse I Have a Dream to America. 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