09 Nov Economics and Effective Management
150-200 word max per question.
Question1:
Check the unemployment data from thestatistics Canada and provide a brief summary statistics about the labor marketin Canada. Does the unemployment among males differ a lot from females? Does itvary a lot among different provinces? Which province has the highest rate ofunemployment? Do these numbers perfectly describe the reality of the labormarket? If not, what are the limitations?
Link for the data: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410028703
Question 2:
Visit the website of the statistics Canada (https://www150.statcan.gc.ca/n1/pub/71-607-x/71-607-x2019022-eng.htm)Pick a province of your own choice and provide a summary statistics of theeconomic data for that province. In your summary provide answer for thefollowing questions:
Did GDP in2019 compare to 2018 increase or decrease?
Since1980, is there a year in which GDP of the province decreased?
What isthe biggest component of GDP?
Does theGDP of the province show the same pattern as the GDP of the whole Canada?
How do youcompare GDP per capita of the selected province with GDP per capita of entireCanada? How do you interpret this information?
Question 3:
Identify an example of someone who you feelexemplifies effective management in a corporate or business setting. Explainwhy based on your readings in this unit.
Note: The example can be someone for whom youhave worked, or someone from the broader business environment for which you areable to find substantiating information.
