Chapter seven Essay Example | Topics and Well Written Essays - 250 words

Chapter seven - Essay Example The discussions about inflation actually impacted on my thoughts. First, now I know that inflation results from the increase in the costs of production which compels producers/sellers to increase the prices of their commodities. In addition, I learnt about the negative impacts of inflation in an economy (Baumol, W.J. & A.S. Blinder, 2007). As these authors examine, inflation is not a good experience since it can lead to an increase the costs of living, unemployment and abandonment of a country’s currency. These are very important lessons that not only enlighten me, but prepare me as an economist. The knowledge about inflation can help me in making important decisions regarding finances. Since inflation destructive, it should be adequately controlled. If I become a policy maker, I would apply these scholars’ ideas on inflation control. In case it occurs, I can advocate for feasible monetary policies such as credit squeeze, increased interests rates and initiate projects that can stimulate economic growth. This can help in saving the economy from

Technical Architecture and Why Assignment Example | Topics and Well Written Essays - 250 words

Technical Architecture and Why - Assignment Example A distributed retailer is highly efficient because it does not rely on a hub site to provide most if not all of the services it needs. Moreover, all services are quick to respond to the in-store requests. Although hybrid and centralized system of technical architecture seem to be efficient in other businesses like shipping, a distributed system for a retail store is better because a retail store needs to track and identify behavioral trends in order to improve pricing and stocking. The proposed distributed operating system is essential in serving the various clients within the retail since it allows interactions of the various business activities through integration of machines within the network (Ray, 2009). A distributed DBMS is essential in providing functionality for the distributed system in order to facilitate the business processes for the retailer. Principles for technical architecture incorporate strategic and enterprise-wide goals that rely on specific environmental factors for the business (Greefhorst & Proper, 2011). Therefore, the proposed technical architecture for the retailer offers properties that are essential in meeting the retailer’s