What are the important areas of decision-making
What are the important areas of decision-making?
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Following are the important areas of decision making; i) Selection of product. ii) Selection of suitable product mix. iii) Selection of method of production. iv) Product line decision. v) Determination of price and quantity. vi) Decision on promotional strategy. vii) Optimum input combination. viii) Allocation of resources. ix) Replacement decision. x) Make or buy decision. xi) Shut down decision. xii) Decision on export and import. xiii) Location decision. xiv) Capital budgeting.
Workers who keep their jobs will be more productive after firms adjust to raises in: (1) competition in an industry. (2) wages. (3) technological advances. (4) capital costs. (5) government regulation. Hey friends please give your
Illustrates the factors governing prices and pricing decision in briefly?
A currently-laid-off worker is probably to find another job quickly when the worker has substantial amounts of: (i) unemployment compensation and a strong union. (ii) specific human capital gained at the previous job. (iii) screening,
Illustrates the techniques of economic forecasting in briefly?
Write down the features of Marginal costing?
The knowledge regarding local shrubs and trees which Morgan learns whereas working as an apprentice landscaper into the suburbs of a huge city is an illustration of the benefits from: (1) dirty work. (2) general training. (3) dues-paying. (4) high-skilled employment.
Illustrates the different kinds of Demand?
Explain the external economies of scale.
A price taker within the labor market: (w) can set the wage that this will pay for the labor this hires. (x) can set the wage at which this will supply the use of its labor. (y) doesn’t care what wage this pays or receives. (z) can’t influ
The costs of investing within human capital are probably to be borne by the employee when human capital a worker obtains “on the job” is: (1) general. (2) marginal. (3) precise. (4) generic. (5) specific. Discover Q & A Leading Solution Library Avail More Than 1434936 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1935499 Asked 3,689 Active Tutors 1434936 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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