1) Which forecasting techniques do you think should be used in calculating fuel prices? Time series models? Causal models? Qualitative models? In casual modeling, what types of independent variables might be used? Justify your answer.
2)Read the articles, “Trickle of Jobs Returning to U.S. Shores Could Soon Become a Torrent (Links to an external site.)” and “The Benefits of Outsourcing Finance and Accounting. (Links to an external site.)” Based on the content presented, discuss some of the pros and cons of outsourcing. Do you think many organizations are experiencing an increase or decrease in their levels of outsourcing? Why?