Master of Business Administration- MBA Semester 1 February 2012 MB 0042: “Managerial Economics”- (4 credits) (Book ID: B1131) Assignment Set- 1 (60 Marks) ------------------------------------------------- Note: Each Question carries 10 marks. Answer all the questions. Q1. Define Managerial Economics and explain its main characteristics. Q2. State and explain the law of demand. Q3. What is Demand Forecasting? Explain in brief various methods of forecasting demand. Q4. Define
Premium Supply and demand Economics Marginal cost
I. What things do you remember from your childhood? a. Pool Parties b. Sleepover with cousins c. Camping trips and vacations II. What jobs have you had in your life? a. Busgirl b. Rides Operator c. Teacher/Counselor d. Area Manager e. Cashier III. What were your hobbies? a. Photography b. Craft making c. Playing house/school IV. What are your greatest achievements so far? a. Graduating high school b. Meeting my boyfriend c
Premium Family English-language films Debut albums
We chose motivational interviewing. Motivational Interviewing is an approach that focuses on promoting and engaging motivation from the client to change behavior. MI is a goal-oriented‚ client-centered counseling method for invoking a change in behavior by helping clients to understand and resolve ambivalence. It goes away from traditional client-focused therapy by use of direction‚ in which therapists attempt to encourage clients to consider making changes‚ instead of non-directly exploring themselves
Premium
are still ongoing arguments on whether managerial prerogative should be practise by manager without any external interference from states‚ trade unions and employees. Human Resource Management (HRM)‚ described by Boselie (2009) is using the human resources through high performance work practises which increase an organisation’s competitive advantage (p.93). Boselie’s reference to high performance work practices indicated strong highly control through managerial prerogative. This paper stressed the
Premium Employment Trade union Collective bargaining
1. How old are you ? 21 2. How old were you when you realized that you would feel better as a man? I have never felt like a girl. 3. What makes you feel that way? I don’t know why I am like this‚ obviously my brain and body aren’t n’sync interesting when I had my hormone levels checked‚ I found out that I have a very abnormally high amount of testosterone naturally everyone has both estrogen and testosteron in their system but women normally have at least three quarters of their chemical
Premium Female Male Boy
Managerial Economics and Economics Managerial Economics has been described as economics applied to decision making. It may be viewed as a special branch of economics bridging the gulf between pure economic theory and managerial practice. Economics has two main divisions :- (i) Microeconomics and (ii) Macroeconomics. Microeconomics has been defined as that branch of economics where the unit of study is an individual or a firm. Macroeconomics‚ on the other hand‚ is aggregate in character and has
Free Economics Macroeconomics
FY-01 Evolving role of Management Accounting Managerial accounting is the process of identifying‚ measuring‚ analyzing‚ interpreting‚ and communicating information in pursuit of an organization’s goals. Managerial accounting is an integral part of the management process‚ and managerial accountants are important strategic partners in an organization’s management team. The relation between accounting and management has been commonly expressed by the phrase‚ “Accounting is a tool of management”
Premium Management accounting Management Strategic management
Adolescence is the transition from childhood to adulthood‚ which lasts from about age eleven until nineteen or twenty. During adolescence‚ changes occur within the physical‚ cognitive‚ psychosocial and social areas. I interviewed my two roommates on if they considered their adolescence “normal”. My first roommate‚ Dale‚ stated that through adolescence her physical and cognitive maturity was considered normal. However‚ her psychological‚ and social areas of development differ from the norm due to
Premium Developmental psychology Kohlberg's stages of moral development Puberty
1. records and well and checkup visits for the family along with other important documents (p.354). As a teacher‚ I would welcome Ahmad and his family in my classroom engaging their presence by having a variety taste of foods from different cultures. Involving diverse families in different events helps the parents as well as the kids cope with the change. I plan to incorporate Ahmad culture and his family background into my curriculum using bulletin boards‚ music and drawings. I will display a bulletin
Premium Education Teacher Reading
Managerial Economics Introduction Economic principles inform good business decision making. Although economics is sometimes dismissed as a discourse of practical relevance to only a relatively small circle of academicians and policy analysts who call themselves economists‚ sound economic reasoning benefits any manager of a business‚ whether they are involved with production/operations‚ marketing‚ finance‚ or corporate strategy. Along with enhancing decision making‚ the field of economics provides
Free Economics