business decision making is not economic process . ye ignou wale saale bewkoof banate hai aur hame bhi samajh te hai. oldman saale. gaandu hai saale. answer given by indira college hostel pune.
dont no
the application of economic science in business decision making is all pervasive.more specifically, economic laws and tools of economic analysis are now applied a great deal in the process of business decision making. this has led,asmentioned earlier, to the emergence of a separate branch of study colled managerial economics.
Stephen Wilks associates successful economic performance with an absence of government interference in corporate business decision making
Economic Decision Making
Command economy
"do you know your enemy?" - Green Day
economic statistic and business confidence indices
what are the economic tool which help manager in decision making
Cost-benefits analysis
The role of managerial economics in decision making is to help in the analysis of economic trends which will be used in making critical decision. This will focus on past, present and future economic patterns.
With a partnership you don't have to stress over every decision. You and your partner can share the decision making process.
the decision making process in driving is known as