1. SQL is considered one of the most valuable skills to empower managers as data analysts. Search the Web for free resources that teach SQL. Try a free introductory lesson (you might find these in sites like Khan Academy, and Code Academy, among others). Is this something you might continue to explore on your own? Does your university offer classes where you can learn SQL and other methods and technologies used in data analytics?

2. Name and define the terms that are supplanting discussions of decision support systems in the modern IS lexicon?

3. Think about the amount of data that is collected about you every day. Make a list of various technologies and information systems you engage with, and the organizations that use these technologies, systems, and services to learn more about you. Does this information serve you better as a consumer? What, if any, concerns does broad data collection leave you with?

4. What do you think about dynamic pricing? Is it good or bad for consumers? Is it good or bad for businesses? Explain your answer.

5. What is business intelligence? Provide examples of three types of business intelligence software used by firms to support managerial decision making.

Explain Backward Induction Method and Extensive Form of Game through relevant examples in the soft drinks industry.

Discuss and explain what can be learnt by “Industrial Organization”

Answer the following questions in a paper of 500 words with 1 reference:

1. Do you believe cultures are irreconcilably different? Or is it that deep down people are people and we're really all the same? How does this distinction relate to the difference between cultural relativism and traditional theories of ethics?
2. Write down some factors leading to a significant decision you've made. It could be about choosing a field of study or a career path. Now, can you walk through each of the factors within the eternal return? Are there any decisions you made that you'd take back and change?
3. If you're doing business overseas as a cultural ethicist, why would it make sense to consult the local chamber of commerce? Who else might you consult for moral guidance? Why?
4. A cultural ethics is neither true nor false. Explain.
5. Imagine that you had two parents and a sister working for Oil-Dri in the United States. The overseas client you've been sent to do business with is a half-brother from your father's first marriage. He demands a bribe. How could the ethics of care be used to justify accepting or refusing?

2. (i) First describe in general, a tariff and an import quota.
(ii) What are the primary differences between them?
(iii) Using a diagram for each, show how an increase in demand would affect such macroeconomic variables as (a) the price, (b) imports, (c) domestic production and (d) government revenue, much as we did in class. Be sure to show these effects on your two graphs.

The firm's production function as reported by the firm's production engineer is as follows:

Moreover, the accounting department reports that the wage rate is $10, the unit cost of raw material is $1, the firm needs one (1) unit of raw material for each chair and the total fixed cost is $5.

- Find how many chairs the firm must produce and sell if the selling price of a chair is $3, or $5, or $8.

- Then draw a graph of a selling price and the corresponding quantities at each price to indicate the firm's supply line.

7.EXERCISE 15.2 POSITIVE AND NEGATIVE SHOCKS

Draw a labour market diagram where the economy is at labor market equilibrium with stable prices. Now consider:

• A positive shock to aggregate demand that reduces the unemployment rate by 2 percentage points.

• A negative shock that increases it by 2 percentage points.

1.What happens to the bargaining gap in each case?

2.What would you expect to happen to the price level in each case? Explain your answers.

Suppose a firm experiences an increase in technology. All else equal, will this allow the firm to produce the same level of output at a lower cost? Explain.

The company Macy's has struggled due to global trade pressure, large debt, and online competition. How does each of these factors affect the business?

2.EXERCISE 15.7 FISCAL OR MONETARY POLICY? Think back to the discussion of the government finances in Unit 14.

a. In the event of a financial crisis, would it be preferable for the government to stabilize the economy using fiscal or monetary policy?

b. What are the dangers of using fiscal policy?

c. When might the government have no choice but to use fiscal policy?

John is an accountant and just earned your CPA. John has decided to open up John’s Tax Service on Main Street. He leases a storefront:   his office in the storefront has glass all around it. John has hired an administrative assistant who sits outside his office. His administrative assistant answers phones, receives and sends emails, sets appointments and other administrative type work. Assuming that John spends most of his time inside the office, should John pay his administrative assistant an hourly wage, piece rates or a % or profits? Explain why.

Imagine two countries are trading pomegranates. The Home country is “large” and imports pomegranates. The Foreign country exports pomegranates (the size of Foreign is not important for this question). What would happen to the equilibrium world price of pomegranates if demand for pomegranates in the Foreign country's market increases?

a.The equilibrium world price will increase

b.The equilibrium world price will decrease

c.The equilibrium world price will not change

part2

Imagine two countries are trading flower pots. The Home country is “large” and imports flower pots. The Foreign country exports flower pots (the size of Foreign is not important for this question). Because Home is large,

a.Home welfare will always increase as a result of instituting a tariff on flower pots.

b.Home will always pay a smaller fraction of a tariff they institute on flower pots, relative to the fraction Foreign pays.

c.there exists an optimal tariff that Home can institute on flower pots that will maximize their welfare.

d.Home will always pay a larger fraction of a tariff they institute on flower pots, relative to the fraction Foreign pays.

part3

Which of the following assumptions in the Ricardian model is most responsible for the laborers' wages being equal between the cheese and wine industries?

a.Labor can move costlessly between industries

b.Labor is paid their productive value

c.There are only two goods: Cheese and Wine

d.The countries have the same homothetic preferences

In a duopoly, each firm has marginal cost MC = 100, and market demand is Q = 500 - 0.5p.

Assuming average cost is the same as marginal cost.

In which oligopoly, Cournot or Stackelberg, do firms have more market power?

a. Cournot since the Lerner Index in the Cournot model is twice as much as that in the Stackelberg model.

b. Stackelberg since the Lerner Index in the Cournot model is twice as much as that in the Stackelberg model.

c. Cournot since the Lerner Index in the Cournot model is about 1.08 times as much as that in the Stackelberg model.

d. Stackelberg since the Lerner Index in the Cournot model is about 1.08 times as much as that in the Stackelberg model.