Why is GDP mentioned in business news so often and used as an
important metric for our economy? Is this number accurate? What are
the pros and cons of this measurement?
Why is it important to calculate standard deviation for an
investment?
An investment portfolio is a group of investments. Why is it
important to create an investment portfolio? (Hint: standard
deviation) What is the optimal number of stocks in an investment
portfolio? Is there any benefit to owning 100 individual stock
positions?
what metric do you feel is most important in indicating success of
an inclusive breakthrough for a company? Make your arguments, give
explanations, and examples.
What role do standard costs play in controlling the operations
of a business? How are standard costs developed for direct
materials, direct labor, and manufacturing overhead? Are there ever
costs that we cannot develop standards for related to manufacturing
the goods?