Category Archives: Class Notes

The Market System and Circular Flow

Every society needs to develop an economic system which is a particular set of institutional arrangements and according mechanism, in order to respond to the economizing problem. The command system, which is also known as socialism or communism, is the … Continue reading

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Limits, alternatives, and choices

Scarce economic resources can mean limited goods and services, as scarcity restricts options and demands choices.  TANSTAAFL – There ain’t no such thing as a free lunch.  Opportunity costs – to obtain more of one thing, the opportunity to get … Continue reading

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Define Project Management Basics

A project is a temporary work endeavor that creates a unique product, service, or result.  It has a clearly defined beginning and end.  The end of a project is reached when either its objectives are met, the need for the … Continue reading

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Describe Project Selection and Organizational Goals

It is important for an organization’s sustainability and success to identify projects suitable for Six Sigma and to determine when these projects should be deployed.  If the project is ineffective, it might be more successful with Six Sigma, but not … Continue reading

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Java – Create Arrays

Data structures are a key feature in any programming language, enabling pieces of data to be stored and processed together as a single object.  Java provides several categories of data structures, such as arrays and collections. An array is a … Continue reading

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Introduction to ASP

ASP stands for Active Server Pages.  It is not a software application or a programming language, but rather a server-side scripting environment.  Common web sites are made up of static web pages, such as HTML (with some client side JavaScript) … Continue reading

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Identify Organizational Drivers and Metrics

Organizational processes are a set of core processes that make an organization effective, efficient, and adaptable; or processes are focused on delivering the right quality of products or services to customers, per customer requirements. Core processes differ from one organization … Continue reading

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