SYMBIOSIS INSTITUTE OF BUSINESS MANAGEMENT MBA (2012-2014 ) Semester I Course Outline Course Title: Managerial Economics Instructor: Prof.Saina E-Mail: saina.b@sibm.edu.in‚sainabby@gmail.com Telephone No: 9972253101 Objectives: |The course provides a foundation to microeconomics and gives an understanding of the basic principles of microeconomics. It also | |explains analytical tools of economics used to understand business organizations and the dynamics of business
Premium Supply and demand Economics Elasticity
Profit rates differ among firms in a given industry and even more widely among firms in different industries. Please explain the factors which contribute to different profit rates. Profit rates differ among firms in any given industry in variety of industries. Several theories are explained below to show which the factors are influences the profit of a firm; A. Risk Bearing Theory of Profit The idea was conceived initially by an American economist‚ F.H. Hawley. Hawley believed that a circle
Free Economics Entrepreneurship Entrepreneur
A Good Manager And A Bad Manger In this world‚ there are good and bad managers. What’s more‚ since people started working‚ they have been complaining. For example‚ many people disagree about managers. Whereas some people will see a manager as good‚ others will not. There are two managers this essay will mention‚ but their names have been changed to protect their identities. Mike and Jake have different personalities. Mike is a good manager‚ but Jake is not. For this‚ people get to disagree
Premium Employment Good and evil Truth
Q‚ Explain how someone can be a manager but not a leader‚ a leader but not a manager‚ and both a manager and a leader? Answer: The discussion between management and leadership has been considerable for a number of years. Differentiation between leadership and management is important. There is difference between manager and leader but both are important. Manger has to manage which means to accomplish and to bring about‚ to conduct and to feel the responsibility. On the other hand‚ Leader leads
Premium Management Leadership
2012). Primary differences between the two include the way in which work is distributed in an organization. Management leads through delegation‚ while leadership leads through the influence of the activity or of the person (Manning‚ 2012). A company with strong management promotes consistency and stability throughout the company‚ while a company with good leadership shows great strides in accomplishment. There needs to be a good balance in the two to have a successful organization with constant
Premium Leadership Employment Management
Examine the ways in which the design argument provides evidence for the existence of God The design argument is an explanation used by theists to prove the existence of God. It is also called the teleological argument. The word teleological comes from the Greek word teleos which means ‘end’ or ‘purpose’. The argument uses observation of the natural world to provide evidence of design and uses this evidence to back up the existence of God as what has been designed needs a designer. As the argument
Premium Universe Teleological argument Teleology
their learning preferences depend up on matter of subject or certainty of subject. Changing learning preference according to the situation is significant to multimodal learners. According to VARK questionnaire Designer Neil D Fleming‚ there are two groups of Multimodal learners. Context Specific Approach is the first group and they look at the information that has to be learned or conveyed to another person and choose the mode that they believe is the best one for that situation. From the VARK
Free Learning Learning styles Education
THE KEY MECHANISMS BY WHICH MANAGERS CAN IMPROVE THE MOTIVATION OF THEIR TEAMS AND HOW THEY WOULD KNOW WHEN THEY HAVE SUCCEEDED There is an increased use of teams in the workplace as they tend to produce better outcomes for an organisation as compared to the sole efforts of an individual (Kokemuller‚ 2012). It is therefore paramount to identify how to stimulate teams to perform better and to know the end results of this motivation process. Managers could motivate their teams by communicating with
Premium Motivation
aim of the report is the write about the project manager. Discussion and analyzing the quality and skills that a project manager have will be on the report. There will also be the case study and analyzing if the project manager in the case study is a good or bad manager. In the first part of the main body‚ the report will discuss about the quality of the project manager from communication skills‚ enthusiasm and empathy. The competencies and managerial effectiveness will come after that. In this part
Premium Management Project management
The Extent to which Peer Groups Affect Academic Performance Have you ever wondered about the extent to which peer groups affect academic performance? Make no mistake; a peer group can impact your child’s academic performance significantly. However‚ to say that one’s peer group is the most influential factor in academic performance isn’t true either. Let’s take a look at just how influential one’s peer group is. [pic] The Extent to Which Peer Groups Affect Academic Performance To answer the question
Premium High school Peer pressure Peer group