1) What is Technical Debt and why should you or your team and company worry about it?
If a developer implements a quick fix to a code base to accommodate either a change in requirement or bug or some other case, to show that code base meets the expectations. Quick fixes usually do not follow the system architectural design and best practices, and do not pay attention to code readability and needs a revisit in near future to make it proper. Such quick fixes or any code changes that deviates from the code design and needing some rework before saying the task is completed are known as Technical debts.
If quick fixes are not revisited to bring the design back to proper position, further bug fixes or change requirements may use the ill designed
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If the developer / team do not revisit the quick fix to bring the design to conform to the good design solution, the technical debt stays and grows as changes to code base made on top of quick fix. If there are lot of quick fixes and code changes, that deviate from the good design and development do not attempt to refactor, code base will reach a point where it will be anticipate the effects of quick fixes, understand code, make changes or extend functionalities, and cost of change goes out of proportion, at this point development and/or management may decide to abandon and rebuilt the code base from scratch. This way of abandoning a code base is called as technical …show more content…
If refactoring is practiced as a part of development plan, it will give a chance for developers to review the code changes and see whether the code is per the design and also to address technical debts if any. Unless there is a task for it. Periodical refactoring helps in paying off technical debt when it is small and avoid accumulation, which can eventually lead to technical bankruptcy. Refactoring helps in positioning the code, where it will easy to read, understand and
In this analysis includes a summary of the characters and the issues they are dealing with, as well as concepts that are seen that we have discussed in class. Such as stereotyping and the lack of discrimination and prejudice, then finally I suggest a few actions that can be taken to help solve the issues at hand, allowing the involved parties to explain their positions and give them a few immersion opportunities to experience their individual cultures.
Net working capital represents organization’s operating liquidity. In order to compute the net working capital, total current assets are divided from total current liabilities. When there is sufficient excess of current assets over current liabilities, an organization might be considered sufficiently liquid. Another ratio that helps in assessing the operating liquidity of as company is a current ratio. The ratio is calculated by dividing the total current assets over total current liabilities. When the current ratio is high, the organization has enough of current assets to pay for the liabilities. Yet, another mean of calculating the organization’s debt-paying ability is the debt ratio. To calculate the ratio, total liabilities are divided by total assets. The computation gives information on what proportion of organization’s assets is financed by a debt, and what is the entity’s ability to pay for current and long term liabilities. Lower debt ratio is better, because the low liabilities require low debt payments. To be able to lend money, an organization’s current ratio has to fall above a certain level, also the debt ratio cannot rise above a certain threshold. Otherwise, the entity will not be able to lend money or will have to pay high penalties. The following steps can be undertaken by a company to keep the debt ratio within normal
Costco Wholesale Corporation was an uncommon type of retailers called wholesale clubs. These clubs differentiated themselves from other retailer by requiring annual membership purchase. Especially in case of Costco, their target market is wealthier clientele of small business owners and middle class shoppers. They are now known as a low cost or discount retailer where they sell products in bulk with limited brands and their own brand. The company is competing with stores like Wal-Mart, SAM’s, BJ’s, and Sears. The case begins with an individual shareholder, Margarita Torres, who first purchased shares in 1997 and who is trying to evaluate the operational performance of the business in order to make a decision rather or not purchase more shares
1. What specific items of capital should be included in the SIVMED’s WACC? Should before-tax or after-tax values be included? Should historical or new values be used? Why?
In order to achieve its goal, the managers of Marriott have developed a financial strategy with 4 main decisions.
When mistakes are made no one takes care of them. Management tends to say they’ll take care of it, then never does. Management has a “lack of quality attitude”.
If the error is detected during a later stage of software development, The developers will require to do a lot of reverse engineering processes which will be very frustrating and time consuming, the developers will have to review preceding steps and rework their deliverables and also might have to start from scratch. The later the software error is detected the more the number of people will be affected by it. This will in turn result to an increase in the cost required to communicate with the affected people and then fix the error. Thus, the cost for communicating the details of the defect, distributing and applying the software fixes and probably retain and convince the end users to use this particular software that has been sold to hundreds and thousands of customers will be too high. Once the goodwill and the brand value of the software is affected it is difficult to regain the customers trust. Ensuring early fixing of errors will save the developers
Thesis: Businesses deem financing necessary when they are just beginning, expanding, or recovering; Debt financing and equity financing have many advantages and disadvantages but also change the entire accounting method that is to be considered while running the business. Debt financing has both advantages and disadvantages. Debt financing is a business’ way to start up, expand, or recover by borrowing money from a person or company. The money borrowed has to be paid back along with the interest that was accrued during the length of time the loan was carried out. This option is great for company’s that do not want investors.
In Edgar Allan Poe's short story, “The Cask of Amontillado,” the single effect of terror is achieved by Poe’s alarming word choice, the eerie setting and the spine-chilling and ominous plot that takes place. The readers are introduced to the single effect of horror from the second the story opens and Montresor, the story's narrator, begins to plan his scheme for his revenge on Fortunato. The short story takes place in Italy during the 1800’s and consists of a man named Montresor who decides to seek revenge against a man named Fortunato, who has greatly insulted him. The two men run into each other at a carnival, and soon after, Montresor lures Fortunato into the cimmerian catacombs of his home; however, to Fortunato’s surprise he ends up
Most of the software development projects change just during the development is in process. This is the reason that agile methodology is best for these projects. There is a room for change in them. Software developers follow these methods and this is the reason that they have further modified these methods according to the different types of projects they confront in their development time.
What if your business does not grow as fast or as well as you expected? Debt is an expense and you have to pay expenses on a regular schedule. This could put a damper on your company's ability to grow.... ... middle of paper ... ...
Technical employees are required to spend 80% of their time on the core search and advertising businesses, and 20% on technical projects of their own choosing."
that come along with it, and attempt to make the needed changes before it is too
Maintaining a company’s financial assets is a daunting task. Cash management techniques and short-term financing provide accounting executives with the tools needed to survive the constant changes within the economy. The combination of these tools and the knowledge of the world economy will assist companies in maintaining current assets and facilitates growth.
Refactoring is restructuring the code without changing its behavior. When a Software engineer refactors code, the engineer makes the code simpler and easier to understand. Code refactoring is kind of like organizing a bookshelf. Refactoring makes things easier to find as well as read. That is why it is so important to software development.