MANAGERIAL ECONOMICS MEANING OF MANAGERIAL ECONOMICS Managerial economics‚ used synonymously with business economics‚ is a branch of economics that deals with the application of microeconomic analysis to decision-making techniques of businesses and management units. It acts as the via media between economic theory and pragmatic economics. Managerial economics bridges the gap between ’theoria’ and ’pracis’. The tenets of managerial economics have been derived from quantitative techniques such as regression
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staffing‚ motivating‚ leading and controlling the resources of the organization. These functions also include counseling and coordinating with subordinates and peers. These resources include people‚ jobs or positions‚ technology‚ facilities and equipment‚ materials and supplies‚ information‚ and money. Managers work in an energetic environment and must foresee and adapt to challenges." Eight Managerial Functions Planning Planning involves selecting missions and objectives and the actions to achieve
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Heart Questions: 1. What do you notice about the sizes of the four chambers? Annotate the measurements you have recorded onto your drawing. The ventricles are much bigger than the atria and the left ventricle is bigger than the right ventricle. Left atrium wall: 0.4cm Left ventricle wall: 1.4 cm Right atrium wall: 0.2 cm Right ventricle wall: 0.6 cm 2. The left ventricle has a much thinker wall than the right ventricle; explain why this is. The left ventricle has a much thicker wall
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How could he use technical‚ human‚ and conceptual skills to maintain an environment that encourages innovation and professionalism among the virus hunters? Technical skills are job-specific knowledge and techniques needed to proficiently perform specific tasks. Finding employees who have the diverse and highly refined technical skills needed by Symantec challenges Weafer to recruit individuals from around the globe. As he says‚ “If you find them in any part of the world‚ you just go after
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RECAP - MODULE OUTCOMES Introduction to macroeconomics Measuring performance of the economy The Monetary Sector The Public Sector Macroeconomic Theories Inflation Unemployment Economic growth and development The foreign sector THE PUBLIC SECTOR: STUDY UNIT 4 What are Your Views on Fiscal Policy and How Fiscal Policy Affects You? Roles of Government in a mixed economy 1. Establishing and enforcing rules of exchange such as Property rights‚ Contract law
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Functions of Journalism In early 1999‚ Gourav Jaswal conducted a session on the functions of journalism for the editorial team of Chip magazine. These are the raw notes I made during that class. Functions of journalism: Inform Interpret Mold opinion Enable decision making Agent of change Entertain Writing: Reader Interest Accuracy Objectivity Credibility Readability Significance Clarity Personality Cause the reader to: Stop Be interested Think
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CHAPTER 4 : FUNCTIONS AND THEIR GRAPHS 4.1 Definition of Function A function from one set X to another set Y is a rule that assigns each element in X to one element in Y. 4.1.1 Notation If f denotes a function from X to Y‚ we write 4.1.2 Domain and range X is known as the domain of f and Y the range of f. (Note that domain and range are sets.) 4.1.3 Object and image If and ‚ then x and y are known respectively as the objects and images of f. We can write ‚ ‚ . We can represent
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What is the global financial crisis‚ and who is it a crisis for? 1.0 Introduction The global financial crisis broke out in 2008 was most serious since the 1930s‚ it deeply affected various aspects and brought significant losses. Analyzing what is the global financial crisis‚ and who it is the crisis for has a important practical significance. 2.0 Causes Reasons for the outbreak of the global financial crisis are reflected in the following aspects. 2.1 Real estate bubble The global financial
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FUNCTIONS OF ART Functions of Art 1. Art for decoration and ornamentation. A decoration used to embellish parts of a building or object. Large figurative elements such as monumental sculpture and their equivalents in decorative art are excluded from the term; most ornament does not include human figures‚ and if present they are small compared to the overall scale 2. Art for adornment to indicate social rank. These include cosmetics‚ jewelers‚ clothing accessories‚ facial hair‚ fingernail
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which relation is a function? State your reason. Part 2 a) You are required to come out with an attractive and creative card. Your card must have the following information. i) a family photo ii) a family tree b) Write a short description about your family in not more than 150 words. Part 3 Based on Diagram 3‚ answer the following questions. Diagram 3 Find a) function [pic] and function [pic]. b) the inverse function [pic] and [pic]
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