CGG Enterprise

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CGG Enterprise
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Economic

• Study how society distributes scarce resources,
  such as land, labor, raw materials, and
  machinery, to produce goods and services. They
  conduct extensive research, collect and analyze
  data, monitor economic trends, and develop
  forecasts. They research issues such as energy
  costs, inflation, interest rates, exchange rates,
  business cycles, taxes, or employment levels to
  do this. (U.S Department of Labor website)

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Fields of Economics

• Jobs Offered Right after College
• Loan Officer
• Securities Analyst
• Management Trainee
• Sales Representative
• Consultant

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Major Requirements

• Statistics
• Mathematics
• Computer Sciences
• Accounting
• Offered at PENN STATE by
• SMEAL COLLEGE OF BUSINESS
• LIBERAL ARTS

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Starting Business Fields Salaries

• Corporations
• Privately owned businesses
• The Government
• Entry Level Salaries
• According to year 2005 the starting salary in
  Economics was 42,802
• Up 5.1 from last year

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Business Decisions Economic Standpoint

• Business Intelligence
• Use in making decisions
• Forecasting the future market
• Meeting Goals and Predictions

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MIS Impact

• Uses Business Intelligence
• MIS Impacts economists views
• Use of routine reports
• MIS involvement with business decisions

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Business Problems

• Scarce resources
• Labor Shortages
• Strikes
• Recent immigration issues
• 3. Any disruption to prediciting business actions

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Economic Disequilibrium

• Caused by shocks to the system
• Global Economy
• Macro analysis
• Deficits (mainly US)
• Surplus (mainly Asia )
• Online Trading of Music
• lowered the predicted income of major record and
  production companies

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Questions?
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Thank You

• Thank you for your attention
• Presented by Chris, Greg, and Gulraiz
• CGG Enterprise