Managerial economics in business decision making


Q1. Write down various barriers to communication? Explain how can such barriers be overcome?

Q2. Describe why people join groups? Write down the various types of groups and what affect they have on the individual’s behavior at workplace?

Q3. Write detail notes on any two of the given:

a) Classical Conditioning
b) Managerial Skills
c) Leadership Styles
d) Reasons of Work Stress.

Q4. Explain how does Managerial Economics help in the Business Decision making? Describe different tools which help.

Q5. Demand function facilitate in the better pricing, output and marketing decisions? Explain how with proper reasons?

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