As a managerial economist, relate your findings on the operations of; (a) a service organization; (b) manufacturing; (c) an-agriculture-based company.
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Instruction: Make a review of the present economic environment. What role does the managerial economist play in the business decision making of the company particularly on their resource allocation problems?
As a managerial economist, relate your findings on the operations of; (a) a service organization; (b) manufacturing; (c) an-agriculture-based company.
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- Write a twelve pages (12) term paper assignment for Introduction to Managerial Economics course with reference and citation covering: 1. Introduction to Managerial Economics and Economic theory. 2. Firms and Management Objectives. 3. Profits: Economic versus Accounting Profits. 4. Time Value of Money for the Firm (Maximizing the value of the Firm).difference between managerial and market coordinationImportance of managerial economics to accountancy.How they are connected?
- how does managerial economics help the manager in decision making and Forward planning?Which of the following goals are concerned with creating and maintaining employee and customer satisfaction and social responsibility. Select one: a. noneconomic b. economic c. public relations d. welfareich of the following internal factors can expand existing challenges or simply add more constraints to an organization's selection strategy? Multiple Choice labour market realities organizational policies organization's life cycle stage job requirements calibre of employees
- Using organization's existing under-utilized resources or capabilities (technologies, distribution channels, brands etc.) to new markets, products or services, is known as…. a. Economies of Scope b. The Experience Curve c. Economies of Capacity d. Economies of Scalewhy Technical Writing is synonymous with effective communicationThe fundamental link between managerial economics and strategy is the decision regarding the _________ of a company’s scare resources. A. Monitoring B. Allocation C. Creating D. None of these
- How do you apply managerial decisions to all human economic decision?How do you apply managerial decisions to production decisions?Invent your own details to complete the parts of the business letters missing in the given data. Information to be used: Magnolia Ice Cream, one of the famous ice cream brands in the Philippines will conduct an Ice Cream Exhibit focusing on the emerging Filipino flavors for the said dessert. This will be held on April 9, 2021 at Sky Ranch Pampanga. Suppose that you are the Manager of a developing ice cream factory that offers home-made ice cream flavors. Write a business letter to the company saying that you are willing to participate in the said event.