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Suppose you are the only market analyst in your company's management team. Your company belongs to the energy industry. It is an oil and gas company engaged in the exploration, development, acquisition and exploitation of oil and gas properties located in the United States. The Company has operations in four principal areas: Texas and Louisiana Gulf Coast, Rocky Mountains, Mid-Continent or Anadarko Basin, and eastern area of the United States. The Company produces natural gas and, to a lesser extent, crude oil and natural gas liquids. The Company also transports, stores, gathers and purchases natural gas for resale. It is concerned about the recent economic conditions in United States and wishes to obtain a qualitative forecast of sales in the upcoming third quarter of 2011. Even though some people believe that the uncertainty over the economy and the "Middle-East Crisis" may be of concern, you also plan to use the economic indicators published by the U.S. Bureau of Labor Statistics and the Conference Board to formulate your qualitative forecast. Explain with logical reasoning what factors might affect future sales of your product. How important are some or all of the economic indicators for your company? Which of these indicators would be most important in formulating your qualitative forecast? Explain your answer.
Ask quethe monthly revenue of a certain comany is given by R=820p-7^2p,where p is the price in dollars of the product the company manufacturers. at what price will the revenue be $
You are evaluating two (mutually exclusive) methods of strip-mining a resource-rich area. The alternatives are very similar, though one important difference is in the scale of the
Explain the relationship between types of risk action and where each might be utilized. Risk actions are of mainly two types: avoidance actions and mitigation actions: Avoi
What are the problems of the sustainability in economic growth? Sustainability Problem in Economic Growth: Recent economic growth makes threats the future quality of life. S
A transition economy is Moving from a planned to a mixed or free market economy.
Why not cancel all third world debt? Two arguments are advanced in opposition to debt cancellation. • Developed countries finance the World Bank which can use its funds to
Quantitative demand for watermelons = 50-3P(wm) - 20P(hd) + 10 P(sc) + 0.001(income) P(wm) = $4.00 P(hd) = $3.00 P(sc) = $2.00 Income = $40,000 Quantity supply of watermelons = 2
how does income flow in a governed economy
International oil has been described as the lifeblood of industrial society. A National Security Council paper in 1953 noted that American Based multinational oil companies were in
What are the difficulties of Developing Economies? Problems of Developing Economies: • Internal and external difficulties limit LDCs opportunity for development. • Les
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