FIRST SEMESTER Managerial Economics Subject Code:1001 Contact Hours: 60 Work Load: 4hrs/week Credit Points: 04 Semester End Exam Marks: 80 Internal Marks: 20 OBJECTIVES: 1. To familiarize students with Micro Economic Concepts used in Decision Making. 2. To develop application and analytical skills by using these concepts to make managers effective in economic decision making. Module: 1 (10 Hours) Introduction to Economics - Introduction to Managerial Economics- concept‚ Nature‚ Scope‚
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Consider the Concepts of the Science of Managerial Economics Running successful businesses requires involvement of well experienced and talented managers; all companies’ stakeholders concern‚ in running companies‚ is to make profits and expectation is on managers’ part to make such desire become the fact of reality. One of the tools managers use to analyse company’s performances and be able to make intelligent decisions- for further profitability and sustainability of the corporations- is by economical
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Chapter 16 Managerial accounting concepts and principles 1) Direct costs are identified with and can be traced to a cost object. Indirect costs cannot be identified with or traced to a cost object. 2) Costs by function: A) Product costs consist of manufacturing costs: direct materials‚ direct labor and factory overhead. B) Period costs consist of selling and administrative expenses. 3) A) Prime costs which consist of direct materials and direct labor costs. B) Conversion costs which consist
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authority by a police officer to fulfill personal needs or wants. There are three simple criteria for a “corrupt act” which must all happen simultaneously: (1) misuse of authority‚ (2) misuse of official capacity‚ and (3) misuse of personal attainment. (Dantzker‚ 1995). Police corruption falls into two major categories-- external corruption‚ which concerns police interaction with the public‚ and internal corruption‚ which involves the relationships among co-workers within the department. The external
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of either the police department or the city in which that police department is in‚ comes into play. Furthermore‚ the perspective that we have of the term “internal affairs” usually comes from social media‚ TV shows‚ or movies. This idea that we have of police departments having some sort of police for the police is absolutely wrong. Those are just some things that we see in either movies or TV shows that give
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It is easy to understand how this behavior is so commonplace. This could be due to the overall acceptance of this type of behavior in the Boston Police Department. Sullivan’s deceitful tendencies are only strengthened by the organization’s tolerance of the behavior. The woman staff does not report Sullivan’s harassing behavior at any point. If it was reported Sullivan would surely have been disciplined. If Sullivan decided to implement some value based rationale at this point he would be more accepted
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Thomas Bryan Martin (Martinsburg Police Department.) Berkeley County established its first Sheriff’s Department in 1865‚ this branch off came from Frederick County‚ Virginia when Berkeley County became part of West Virginia (Berkeley County Sheriff Department.) From 1865 to 1870 John W. Pitzer served as the first Sheriff and only twenty-nine men have been elected since that time (Berkeley County Sheriff Department.) The mission of the Martinsburg Police Department is to promote a feeling of security
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executive styles that police administers service in the implementation of their characters are the administrator‚ the politician‚ the top copy‚ and the statesman. Each of the styles are reliant upon the roles that are not limited to external‚ but internal roles as well. In the two case studies‚ both the new chief executives employ different styles in an attempt to reform their departments. While Captain Ed Davis employs the “Statesman” style for the Lowell Police Department (LPD)‚ Chief Ken Fortier
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One of the most controversial aspects of police work comes about in the phoenix police department operational orders 1.5‚ Use of force. Reasonable amount of force to conduct lawful public safety activities. Force typically depends on what is reasonable as well as the totality of circumstances. Employees who are involved in use of force must be a able to articulate it actions and explain their actions through reports and memorandums. Such reasonableness may include severity of the crime‚ whether
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Macedon Police Department During my senior year in high school‚ through my EMCC (Eastern Monroe Career Center) Boces program‚ my criminal justice teacher told our class we were going to intern 10-12 weeks somewhere in the field that we were interested in. I was accepted to intern with the Macedon Police Department. I went to my internship Monday through Friday from 8am until 10:30 am. My main supervisor was Earl Lergner. He is a police officer that is in charge of the evidence chamber. He has
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