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Trend Systematic Overall or persistent, long term upward or downward pattern of movement Changes in technology, populations, wealth. Value Several Years
Seasonal Systematic Fairly regular periodic fluctuations that occur within each 12-month period year after year Weather conditions, social customs, religious customs Within 12 months
Cyclical Systematic Repeating up and down swings or movements through four phases: from peak (prosperity) to contractions (recession) to trough (depression) to expansion (recovery or growth) Interactions of the numerous factors that influence the economy Usually 2-10 years with differing intensity for the cycles
Irregular Unsystematic The erratic or residual fluctuations in a series that exist after taking into account the systematic effects Random variations in data or due to unforeseen events such as strikes, hurricanes, and floods Short duration and non-repeating
What three concepts or techniques from this course might affect your current or future career in public administration and show one of these concepts in detail
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The limousine rental service is a highly competitive industry. Classify how market knowledge as well as information technology
The business overdue new cancer treatment/cure approaches. Please use merely solid references 4 to 8 of them. Journal articles preferred
Calculate the required preretirement real annual savings necessary to meet your consumtion goals. Compare to your answer (b). Why is there a difference?
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