Characteristics of rural India: Few of the points that can be easily inferred from the case are- 1) This is a monopolistic market. This can be inferred by the fact that there exist a perfect substitute for the product to be launched‚ although not as a one-to-one substitute but in form of ‘bath soap’ and ‘washing soap’. 2) There already exist a number of local soap brands in form of Anarkali ‚ Chand ka Tukda‚ Heroine etc. and a number of local detergent cake brands in form of Ajooba‚ Chamatkar
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Chapter 5: Question 3: Suppose that two units of X and eight units of Y give a consumer the same utility as four units of X and two units of Y. Over this range: a. If the consumer obtains one more unit of X‚ how many units of Y must be given up in order to keep utility constant ∆Y∆X=2-84-2= - 62= -3 ~ Utility unchanged‚ if consumer exchanges 3 units of Y for 1 unit of X. b. If the consumer obtains one more unit of Y‚ how many units of X must be given up in order to keep
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THEORATICAL REVIEW: Project manger is expected to select the the project which is benificiary to the organization. Cost benefit anlysis is done by the project manger. It is highly unlikely that project manger select the the project whose cost exceeds its benefits. Benefits can be measured either finacial or non-finacial. The puposuse of idetifying the financial benefits is called copital budgeting‚ which may be defined as decision making process by which organization evaluate the projects that
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Diff between economics vs managerial economics 1 The traditional Economics has both micro and macro aspects whereas Managerial Economics is essentially micro in character. 2. Economics is both positive and normative science but the Managerial Economics is essentially normative in nature. 3. Economics deals mainly with the theoretical aspect only whereas Managerial Economics deals with the practical aspect. 4. Managerial Economics studies the activities of an individual firm or unit. Its analysis
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Assignment Business and Managerial Economics Teacher: Ellie Semsar Student Name: Robiul Islam Student ID: B0261DADA0410 Personal computers are very imperative in the current world of nowadays. Today‚ PCs hold fabulous consequence. Several numbers of us will be thrilled without a computer‚ as it becomes a part and parcel of our daily life. Computer becomes a significant tool for keeping archives. For computer data analysis become tremendously easy and we can do it now
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Semester II Examination Papers IIBM Institute of Business Management Semester-II Examination Paper MM.100 Production and Operation Management Section A: Objective Type (30 marks) • • • This section consists of Multiple choice questions & Short Notes type questions. Answer all the questions. Part One questions carry 1 mark each & Part Two questions carry 5 marks each. Part One: Multiple choices: 1. If the number of restrictions on sources be ‘a’ and the number of restrictions
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Master of Business Administration Ist Semester 101: MANAGEMENT PROCESS AND ORGANISATIONA L BEHAVIOUR OBJECTIVES The purpose of this course is help the students to understand management functions‚ to familiarize themselves with the practice of management‚ to develop an understanding of behavioural process of the organizations as a whole‚ and to cultivate an insight into the individual behaviour at work place. UNIT-I Meaning‚ Nature and Scope of Management; Emergence of Management Thought – Classical
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2006 Punjab Technical University M.B.A mba-ptu(I sem)distance learning programme Question paper Accounting for management MBA - 1st SEMESTER(2096) 1)section -A is compulsory(2 marks each) 2) attempt any 9 questions from section -B(5 marks each) Section -A 1. Write short notes on the following: (i) Differentiate between Book-keeping and AcCounting. (ii) Explain dual aspect concept. (iii) What is Accounting process? (iv) What is an Adjustment entry of prepaid expenses? (v) Mention
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MBA-101: Business Environment Answer any three questions. Each question carries 10 marks each: 1. Explain the internal and external elements of environment effecting business. OR What is technology? Explain the impact of technology on business 2. Explain the impact of Globalization‚ Privatization & Liberalization on Indian economy. OR What is Multi National Enterprises? Explain their role in India. 3. Explain the importance Small Scale Industries. Explain the problems
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Lydia Robinson MT-445-02: Managerial Economics Unit 2 8.13.2013 1. Explain what would happen to equilibrium price and quantity in the market for Pepsi if the following occurred (be sure to indicate WHY it happens as well): a. The price of Coke decreases. If the price of Coke decreases and the price of Pepsi remains the same‚ Pepsi is now higher in price which will increase the quantity demand for Coke and the demand for Pepsi will fall down. If you
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