--%>
Assignment Help - homework help

Environmental or external issues of managerial economics

What are the Environmental or external issues of managerial economics?

E

Expert

Verified

It refers to the general business environment in which the organisation works. A study of economic environment should include:
i. The types of economic system in the country.
ii. The general trend in income, prices, production, employment, savings and investments
iii. Trends in the working of financial institutions for example banks, financial corporations and insurance companies.
iv. Magnitude and trends in foreign trade.
v. Trends in labour and capital market.
vi. Government economic policies like monitory policy, price policy and fiscal policy.

   Related Questions in Managerial Economics

  • Q : What are the important areas of

    What are the important areas of decision making?

    		•
  • Q : Attributable worth cultivating The

    The theory which the economic rent on agricultural land depends upon how much extra production is gained relative to the production which could be realized on land not rather worth cultivating is attributable to: (1) Johann H. von Thünen. (2) Ada

    		•
  • Q : Decline in consumer demand A decline

    A decline within consumer demand for a good tends to reduce demands for: (w) inferior goods. (x) alternative products. (y) resources producing the good. (z) union wage increases. Hey friends please give your opinio

    		•
  • Q : Characteristics of a good policy what

    what is that policy that talks about not changing the policy frequently?

    		•
  • Q : Explain the term relatively inelastic

    Explain the term relatively inelastic demand.

    		•
  • Q : Explain the external economies of scale

    Explain the external economies of scale.

    		•
  • Q : Strategy probable to make a cartel A

    A strategy probable to make a cartel successful would be for cartel members to: (w) give heterogeneous goods. (x) stagger the amount by that they raise prices. (y) have set enforceable production quotas. (z) keep high prices when several fringe compet

    		•
  • Q : Determine the demand of auto-market

    Suppose that the auto market began at the intersection of S0 and D0 before people began to expect auto prices to rise in the close to future. How will it influence the auto market?: (1) No change. (2) Demand shifts to D2. (3) Demand sh

    		•
  • Q : What are the levels of Demand

    What are the levels of Demand forecasting?

    		•
  • Q : Increases in demand for a resource The

    The demand for a resource would increase while the: (w) price of which resource decreases. (x) price of a substitute resource decreases. (y) consumer demand for products decreases. (z) price of a complementary resource decreases.

    		•