Sunday, February 16, 2020

Hand In Assignment Example | Topics and Well Written Essays - 500 words - 1

Hand In - Assignment Example With the advancement in technology more and more complex program structures are being developed and if it is tested by the result of one’s experience then it will not be time efficient. As time competence factor plays an important role in technology development, therefore, personal experience cannot be considered as a preferred way for verification and performance tuning. Several test cases are created when the testing and verification are carried out by automatic means. These test cases include all the possible paths through which a program can go through. If a program is passed through a test case and it halts in an indeterminate state or infinite condition or it gives undesired output then it means that there is some coding problem in the program and with the help of that particular test case it can be determined that in which line of code error exists. It is also necessary to pass the program through every case in order to make a program error proof. This takes very less time as compared to manual testing and correction of the program which can consume several hours / days to test a complex program. Use of a particular algorithm also depends on the complexity of a program. Some of these are good with more complex structures while others should be preferred for simple program verification and testing. Incorrect selection of an algorithm can be devastative for a system. Manual program verification, testing and performance tuning is very complicated, time consuming and complex therefore it should not have a preference over automatic means in future. Also, it can be deduced from outcomes of artificial intelligence that magnificent performance improvements can be made by using automated tuning process (Hutter and Babic,

Sunday, February 2, 2020

Foreign Direct Investment Assignment Example | Topics and Well Written Essays - 2750 words

Foreign Direct Investment - Assignment Example In other words, FDI inflows might supplement the limited financial resources which retard the growth of an economy. Moreover, FDI inflows could assist in technology transfers that could prove to be more efficient in terms of production and thus, be of high assistance to the developing economies especially in case of LDCs (Assadourian, 2005). On the other hand, too much dependence upon FDIs for economic development, from a particular host nation might turn detrimental in case that the latter exploits the former on such grounds. In addition, the recipient country also suffers if FDI inflows invigorate production processes which ultimately injure the environment. Moreover, in case the benefits of FDI inflows trickle down to any particular segment of the economy only, possibilities of social uprisings grow intense among those who are not directly benefitted out of the same (OECD, 2002). FDI outflows could be turn to be beneficial for the source economy through boosting its current accoun t position in terms of profit returns from sales made in the host economy. Moreover, prospects of rise in employment are also multiplied in the source economy when the raw materials produced in the host nation are brought in for manufacture of final goods. Lastly, technology and skill from the host nation are also passed into the home country, thus benefitting the latter. One of the highest costs incurred in FDI outflows is that of capital account deficits owing to a massive outflow in the initial phase. Secondly, the home country suffers from a current account deficit if the purpose of FDI outflow is to import low-cost raw materials (Vaidya, 2006). Determinants of FDI The primary factors which determine the flow of... The primary factors which determine the flow of FDI within an economy are – †¢ At the face of competition, the foreign investors often consider foreign investment to be beneficial for their long run growths against their rivals. Such a measure could help them in securing their foothold in a non-domestic market. †¢ Such measures are often adopted in order to maintain a long term relationship which might prove to be profitable in the future, either in terms of a sustained flow of cost efficient inputs or technology. Moreover, a long term commitment could be advantageous at times of bargain as well. †¢ In addition, involvement in new product in a foreign market is associated with economies of moving in first (Moosa, 2002). Answer to Question 2 The association between openness to trade and economic growth of an economy is a highly debatable topic. There exist theories as well as empirical evidences supporting and opposing the facts, so that the applicability of any one of them cannot be asserted in the true sense of the term. One robust theory which could be raised in support of the hypothesis is that lower the degree of trade restrictions in an economy, higher will be the inflow of export revenues in the nation which in turn boosts the national income of the economy. Moreover, abolition of restrictions over trade such as import tariffs or export quotas could help in extracting the benefits of comparative advantage which is beneficial in lowering the cost of production.