Sample Solution Algorithm to Determine Meal Charges

Week 2 Activity – Meal Purchase TCO #2– Given a simple business problem, design a solution algorithm that uses arithmetic expressions and built-in functions. Assignment: Your goal is to solve the following simple programming exercise. You have been contracted by a local restaurant to design an algorithm determining the total meal charges. The algorithm should ask the user for the total food purchase and the tip percent. Then, the algorithm will calculate the amount of a tip, a 7% sales tax, and the total meal charge (including tip). The food purchase, sales tax, tip amount, and total meal charge will need to be displayed to the customer. Be sure to THINK about the logic and design first (IPO chart and pseudocode), then code the Visual Logic command line processing. Display all output using currency formatting (built-in Visual Logic function). Advanced (optional): use a constants for the 7% sales tax. Rubric: When completed staple the following documents together neatly in 1,2,3,4 order: †¢This instruction sheet first †¢The IPO Chart, second †¢The Pseudocode, third †¢The Flowchart and output example last. Point distribution for this application: Meal Purchase Document: Points possible: Points received IPO Chart Pseudocode 6 Flowchart 8 Total Points 20 IPO Chart: Input Processing Output Enter Total Food Purchase Price Calculate Food price Add Tip %* Total Food Purchased Add 7% tax * Total Food Purchased Total Meal Charge Pseudocode: Begin mealPurchase Total Food Purchased Imput total Purchased Food Amount Please enter the amount for tip percent Imput tip percent Set total tip = tip percent/ 100 Set total tip=total tip * Total food purchased amount Set total tax= sales tax/100 Set total tax= total tax* = total food purchased amount End Flowchart: Example Output after execution:

Old Family Bank

The team feels In many ways disrespected, unappreciated and that based on their pay the bank doesn't value their contributions to the company. . Causes 1 . The management team over the data processing department has not done a good lob of communicating the compensation model for that department and how it fits within the organization. 2. Also the management team wasn't aware of how the employees felt, maybe if they had been more in touch with what was going on they could have had open discussions or done something else to try to alleviate the problem. . Systems Affected 1 . Productivity throughout the entire bank because data processing deals with the whole bank in general. 2. Inter-department relationships, because the data recessing team have taken an us versus them attitude towards all other departments and the bank. 3. Alternatives The bank should focus on all of its employees and try to make them feel important to the company. The bank should do research on compatible pay raises throughout the company so that they can be competitive.Management should stress the Importance of being loyal to the company. 4. Recommendations Do surveys throughout the company so that they can get a feel for the overall attitude of their employees. Have HRS do research and make sure that all pay scales are up to date with the appropriate education and or training. The bank can Install programs that ensure that employees are rewarded for loyalty. Old Family Bank By biannual 1.A large percentage of the data processing employees felt little loyalty to the bank. Higher pay raises and that there was a major gap in wages between these areas and that gap didn't match the skill differences. The company. 2. The team feels in many ways disrespected, unappreciated and that job of communicating the compensation model for that department and how it fits importance of being loyal to the company. Date with the appropriate education and or training. The bank can install programs

Capitalism vs Democracy

The political system and the economic system of the United States have been intertwined since the very founding of our country. Although there are many different views on how well the systems work or how they function, this has been a common thought shared by all different sides. Some have an optimistic view of capitalism, while others feel as though capitalism favors too few people. Two major points of view, the conservative and the â€Å"reform† liberal, describe how capitalism works, and the role for the government in managing the marketplace, in two similar, yet very different ways. First, we look at the thoughts of Milton Friedman, of the conservative point of view. According to Friedman, capitalism is a free market system that is driven from the bottom up, starting with individuals who make voluntary choices to purchase goods and services and hold jobs. Having a free marketplace gives every individual the power to create their own economic destiny, from what food they eat, to what car they drive, to what career they choose. Friedman also describes capitalism as â€Å"self-correcting†, that if left alone, the market place will inevitably fix any problems it creates. According to Friedman, capitalism follows a cycle, consisting of ups and downs in the economy that will eventually work themselves out over time. It begins with a future expectation of profit, and people with money to invest. As more people begin to invest their money, the demand for labor and materials increases, leading to economic expansion and more people spending money. As demand continues to increase, supply begins to decrease, causing inflation and increasing product prices. At this stage, future expectations of profit are bad. As prices rise, people can’t afford to buy things, so they start to pull their money out of the market and investments. With fewer investments comes less demand, causing people to lose their jobs, prices to drop, and consumers to buy fewer goods. This ultimately leads to a recession, where demand for products is very low and often the unemployment rate is high. Then the cycle starts over again, cost conditions are recreated and people begin to invest money again, and the cycle continues. Another benefit of capitalism is that it allows for healthy economic competition, which not only gives individuals a larger variety of products, but also enables the marketplace to regulate its own prices. This also causes power to be widespread, and keeps people satisfied by being able to purchase what they like. For example, a consumer voluntarily goes to a grocery store. As they walk down the beverage aisle, they see a large selection of drinks to choose from, this is because of competition. Since there are various products to choose from, every consumer can decide to buy what type of beverage they like, making the consumers happy. Friedman also argues that capitalism is rational and efficient. The marketplace constantly finds a way to do more with less, and with every economic decision made, the costs and benefits are weighed first. In a capitalist economy, no one is going to do business unless they gain more than they lose. For example, if a person wants to start a business baking cakes, they would first determine how much money they need to invest to be able to make the cake, and compare it to how much they could sell each cake for. If it costs more to make the cake than they would be able to sell it for, then of course the person isn’t going to do it. The whole point of investing and even purchasing with capitalism is to make a profit, or somehow gain from the exchange. Nobody enters into a business contract knowing they are going to lose money. This is why Friedman claims that one’s standard of living should be based on what they can afford. Even basic necessities of life, such as food and shelter, are not rights of an individual, but a result of the economic decisions they make. Someone who works hard and has a better job can afford a nice house over an apartment, or to eat lobster instead of chicken. With capitalism, everyone has the right to pursue the things they want or need, but they do not have the right to just have them. This ensures that everyone has the freedom of choice in the marketplace, and the liberty to make a successful life for themselves, for Friedman believes conducting the economy in a voluntary manner is better for the social fabric of society. Milton Friedman believes there is a role for the government in economic affairs, but that role is very limited. The government’s purpose is to protect the rights and liberties of its citizens, and to be free politically, we must be free economically. He claims that the only time the government should step in is when â€Å"market failure† occurs, or when the market can’t or we don’t want it to do something. The federal government should only involve itself in economic affairs to enforce the rules set by and agreed upon by the people, mediate differences among citizens on the meaning of the rules, and allow a way for the rules to be modified if necessary. For example, printing currency should be a federal government function, to allow a fair and uniform payment method throughout the country. The government should also be in charge of regulating monopolies, where the freedom to make choices is compromised by the fact that there is no competition. Another instance would be in situations where there is a â€Å"neighborhood effect†, or when a third party is affected by a decision that they were not a part of, such as pollution. If a farmer were to dump waste into a stream and pollute it, that would violate the rights of other people who use the stream to have clean water. It would also be the function of the government to regulate â€Å"public goods†, or something where it is difficult or impossible to determine the particular user or the amount used. For example, a lighthouse is a public good, because it is almost impossible to identify who uses the light to guide them or how often they use it. Friedman ultimately believes that the government should stay out of economic affairs as much as possible, for every time the government acts the freedom of the people shrinks, and all government interventions have more costs then they do benefits. When the government regulates the way a business operates, for example, requiring steel plants to put filters on their smoke stacks, it increases the cost of doing business, which increases prices and decreases sales, production, jobs and wages. Capitalism, according to Friedman, has a way of efficiently working things out on its own, and needs very little government intervention. Many programs we have today, such as social security, Medicare, and welfare to name a few, Friedman would do away with, as they are the responsibility of the individual, not the government. The marketplace is even more proportional to public demand than the political system is, and will constantly cycle through different phases and work itself out without the need of government regulation. Milton Friedman looks at capitalism as a free and voluntary system that should be driven by the consumer not the federal government. Another approach to the way capitalism works is that of the â€Å"reform† liberal, which has a few similarities to the conservative point of view, such as the belief that capitalism and democracy are interlocked, that aving capital or money to invest drives the market, that the government must intervene when the market â€Å"fails†, and on the general definition of property. The liberals also believe in the business cycle, with only one major difference. According to Kane and the liberals, the business cycle is not continuous and self-correcting, but gets stuck at the tail end of a recession. With so many people out of work, they begin to s uffer and make drastic decisions. People don’t have time to just wait for the market to fix itself, it could take years and if they did, too much damage would have already been done. The liberals believe that people have the right to basic needs, such as food and shelter, in which the marketplace will not provide. This is where the government must intervene, to ensure that all people have the resources they need to survive, and to correct the marketplace and pull the economy out of the recession. According to the liberals, the market is a prison, and it is not driven from the bottom up, but rather from the top down. They believe when it comes to purchasing power, there is no comparison. Corporations have a much greater influence and power in the economy than the individual, which leads to a privileged position of business. The decisions we make to purchase things are not voluntary or mutually beneficial, because the corporations and business owners set the prices, and for things like housing, we as consumers don’t have the option to just not buy it. We are forced to pay for the things we need, and the prices are set by the business owners, in which the product may not even be worth. Another problem they see with capitalism is that there is a â€Å"permanent shortfall in aggregate demand†, or that there are too many people with too little money to spend. With not enough money, the average individual doesn’t have the ability to make purchase, which leads to under consumption, and ultimately to a decline in the economy. With all of the power being held by the few in major corporations, this constantly widens the gap between the rich and the poor. In theory, capitalism gives all people equality in the marketplace, but in actuality, the liberals argue that this is not the case. Since the rich and elite own the majority of things to own, their interests are honored first, making the interests of the common people unequal to that of the business leaders, and sometimes not served at all. Also, we face resource constraint, so all the people who have money continue to get more money than others. This separation will just continue to grow until the government intervenes, creating more problems and making it harder for the economy as a whole to pull out of hard times. The liberals also argue that the way capitalism is designed, people only invest or produce things to make a profit, furthering their own interests, instead of doing it because people need it. If you can’t pay for your food, you go hungry, no one is going to simply give it to you because you are starving. With this, capitalism is a trap for those who can’t afford to survive, and the liberals believe that it is one’s right to have their basic needs met. Their overall view of capitalism is a negative one, feeling that capitalism alone cannot provide adequately for the majority of the citizens of America. The liberals feel that the government should and needs to have a strong role in the economy in order for capitalism to serve the people. Programs such as Medicare, welfare, and government regulations are necessary to give people equality in our economic system. The government needs to be responsible for regulating monopolies, to ensure that prices can remain fair and citizens have options in the products they buy. Also, minimum wages, working conditions and hours worked should be regulated to give people the opportunity to make a decent living, and not be taken advantage of by corporations and employers. The rights and definition of property need to be established politically to be fair across the board. To the liberals, the more government involvement there is in the economy, the more freedom the individual has to make good money and have a decent standard of living. Political power and economic power are not two separate entities, and leaving more power in the marketplace imprisons democracy. More economic power and more capital translate directly into more political power. Major corporations and companies have much influence over what interests are met in the government, for example, anything that jeopardizes business confidence in society has immediate and harsh consequences politically, but something that violates and individual’s wealth may not be addressed at all. Money talks in America, and this contributes more to a corporations own needs, giving less and less attention to what is best for the average citizens. Liberals like Lindblom, state that the market will not provide on its own, and things like food, clothing, shelter, education, health care, and transportation need to be taken care of by the government, rather than being left up to the marketplace. The government needs to be responsible for more than just market failure, currency, and public goods. It needs to protect the citizens of our country from the detrimental effects of capitalism, provide regulations, a way to keep the market prosperous, and keep us from getting stuck in a recession. Democracy needs to be more powerful than the economic system, and make sure that everyone’s rights, as a corporation or an individual, are protected and that all of their interests are served with equal importance. Both the â€Å"reform† liberal and conservative points of view agree on some of the basic components of capitalism, but their opinion of the government’s role and how well capitalism works on its own couldn’t be more different. Today, we favor the liberal view in actuality, with many government programs and regulations in place. However, it remains a controversial issue in politics today, as there is much debate on whether or not we should return to the original form of federalism and eliminate much of the current government intervention. Regardless, one thing all parties can agree on is that the economic and political systems of the United States are and forever will be interlocked with one another.

Summery Children Need to Play, Not Compete by Jessika Statsky Essay

Summery Children Need to Play, Not Compete by Jessika Statsky - Essay Example With that information Statsky aims at educating parents on the harm that the adult standards imposed on children games such as the selecting procedures and the high urge to win have especially on children aged between six and twelve years. Statsky explains that the discussed harmful effects on children emanate from both contact and noncontact sports. Statsky proposes that organized games should allow children to have fun while playing regardless of the results (Statsky 270-274). Therefore, this paper will evaluate the argument brought forth by Statsky to determine whether it is logical, appropriate and consistent. From my point of view, Statsky is partly right although stringent measures should be implemented to ensure that psychological, physical and emotional harmful effects brought forth by competitive games are completely curbed. Competition is part of life that every individual must consistently go through whether at school, in the chosen career path and the society at large. In actual sense, competition is more intense in the life of adults. Therefore, it is important to be subjected to competition at early stages of life so as to understand issues like quitters never win. This will help children to learn and live by competition principles thereby molding a strong and positive character. Conversely, organized games help children to acquire sportsmanship skills and character thereby fully setting their talents into practice. Moreover, they gain the required high self esteem, confidence and general positive perception about themselves. These are virtues that cannot be taught or instilled in them and they are highly important in their development. They enable children to learn strategies of attaining success and dealing with failure. For instance, when in preschool I used to be an active player of various types of games both contact and noncontact. The enthusiasm of the sports was derived from the fact that we were competing between each other. One even had the eagerness and desire to indulge in the new sports events. The notion was to be viewed as a hero before the eyes of colleagues thereby enabling us to have high self esteem and confidence. On the other hand, the competing factor gave the desire to have the required hype, fun, eagerness and pressure of having to perfect and excite at the same time. On the other side, the notion of competition brings in the necessity of training hard so as to win and achieve the prize that is always accompanied with a feeling of accomplishment and satisfaction. In addition, the spirit of competition used to bring team unity, closeness and team working. In fact, a better relationship between the team members was established. Therefore, from the above facts I oppose Statsky theory that children should not be subjected to competition. Instead, they should be allowed to play without the notion of winning or losing. This is because the competition aspect gives children a practical view of social life tha t adults go through; a life where they have no option than to struggle and win or put less effort and fail. However, parents and teachers should give them the option of whether to participate in a competition or not. Moreover, they should not be subjected to intense competition that will strike rivalry between them but instead the competition should be ecstatic. This will also enable the children to learn

A report regarding the attractiveness of alternative countries Research Paper

A report regarding the attractiveness of alternative countries - Research Paper Example China is a country with where cheap labor is easily available giving a cost advantage to the companies investing. (Diego Quer, 2008) Moreover, China is largely a buyer’s market keeping in mind the country’s population of 1.3 billion people. And with time there is an expectation that the purchasing power of Chinese residents is likely to increase sharply because of the lower rates of inflation and a good annual GDP growth rate of 8 % for the country. To top it all China’s government recently has eased down the regulations and laws concerning foreign investment in China. As a result of these incentives a lot of companies invested in China and as according to research FDI flows into china were of about 83.5 billion dollars which grew to 108.3 billion in 2008 with continued investment announcements and a positive investor outlook. (Jianhong Qi, 2008) The trend of FDI in China has changed since 2001 after it joined WTO. Since then until now foreign investors who have invested in China have formed companies entirely owned by foreign capital. Other than industry and hi-tech foreign investment is also allowed in the financial services, insurance and banking sectors.

An investigation into the potential of implementing Cause Related Literature review

An investigation into the potential of implementing Cause Related Marketing in Barnados charity in the UK - Literature review Example In the social marketing, the management takes much consideration of the customers’ needs with much concern on the needs of the wider society. Cause Related Marketing is a significant ingredient of this marketing mix (Stein, 2009; pg. 56) Cause-Related Marketing is describe as a commercial activity through which businesses and charities form a partnership for the purpose of marketing a product, an image or a service for a shared benefit. It is a tool that addresses the current social issues by providing resources and funding. Additionally, this tool addresses important business objectives. The Cause Related Marketing began getting its full attention recently. It was not until the CRM was much steamed to the marketers by the American Express, which had devised a promotion which promoted donations of a cent to restore the funds for the Statute of Liberty at every single time a customer made use of the American Express card (Lindsey, 2003; pg.67).   The campaign also included ot her elements like a one dollar donation to fund every new American Express account that had been approved. A true corporate partnership establishes openings for every party to develop joint business opportunities. In an investigation, a link with Barnardo’s, which is one of the UK’s best known charity brands, is found to do that (Petticrew & Roberts, 2005; pg. 87). It is a well know children’s charity organization. There would be numerous benefits on establishing cause-related marketing in Barnardo’s as this would become a simple and an effective way of increasing sales and customer loyalty. This can also promote a positive PR coverage and provide an increasing significant link for ethical customers to align themselves with the charitable cause. Involvement with this charity would create opportunities for a great PR and marketing. The Barnardo’s charity can assist in the promotion for the partnership through their network of close to ten media and communication managers situated in London regional offices and headquarters. This is a prominent national charity that has excellent links to local and national radio and television stations, as well as, with national and regional media. Cause Related Marketing is found to influence customer perceptions and their buying habits. This makes it a vital weapon in the marketing strategy which enhances corporate reputation and increases loyalty. It can build sales and benefit the society thus, becoming an intrinsic tool of the marketing strategy. The Cause Related Marketing has its strength over the traditional forms of marketing as it can provide the emotional and the racial engagement of the consumers (Neyland, 2008; pg. 78). It also incorporates the customer’s heart and their mind thus, giving it the potential to build an enduring and stronger relationship. So many companies in the UK have recognized the potential in the holistic management and corporation of the relationship of all stakeholders that will support the development of successful companies. Cause Related Marketing provides a high profile and an effective way for brand owners to strengthen their relationships, not only with the customers but with all stakeholders including the employees, suppliers, distributers, shareholders, opinion formers as well as a broad relationship with the wider community. Due to the interdependence between the wider communi

About this star---Enif Essay Example | Topics and Well Written Essays - 1250 words

About this star---Enif - Essay Example The star; enif has many other names attributed to it. It also goes by the names Os Pegasi, Enf, Al Anf , Enf, Enir or Fom. Enf, Al Anf, Enf and Enir are obtained from the Arabic word, Al Anf which means â€Å"The Nose of the horse. Os Pegasi also means the same only that it is a Latin translation. It is a supergiant that is cool and orange in color. It falls under the constellation named Pegasus. The estimated age of this star is 15 million years and is distanced at 673 light years. The spectral class and visual magnitude are K2 and 2.39 respectively. Absolute magnitude of the star is around -4.19. In relation to the sun, Enif exhibits 6700 times more luminosity, its mass is 10 times more than that of the sun and its diameter is 661 times more than that of the sun. It is the brightest star in its constellation. The orange colored giant changes its size gradually and unevenly. It is subject to ferocious eruptions at various times; a phenomenon that is yet to find a conclusive explanation. The constellation in which Enif falls under is called Pegasus. Pegasus is seventh inn size of all the constellations in the sky. It assumes a square shape often referred to as â€Å"the Great Square of Pegasus†. It has a total of 8 stars and occupies 1121 square degrees area. It falls under the location between -60 and +90 degrees latitudes. Enif is the brightest of the stars at 522 L/Y. Enif is not part of the square but it forms a winged horse structure midway from the square. The other dominant stars in the constellation are Scheat, Markab, Algenib, Homan, Matar, Baham and Salm. It is subject to myth that Pegasus was a winged horse who emanated from the neck of Medusa when she was being beheaded by Perseus. The horse obtained a hero status for helping Bellerophon to conquer Chimera (a fire spitting adversary). In the end, Pegasus was turned into a constellation that is visible during the beginning of the month of October. Pegasus was believed to be visible in the