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It helps you know when to save money and when the economy well get bad.
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What are the importance of economics in business studies?
Economics are important because understanding them helps managers make decisions. The more managers understand economics, the better they will be at pricing products and offering salaries to their employees.
What is macroecomics?
Macroeconomics is economics within the world, as how countries make decisions and how societies organize. (Microeconomics is economics within businesses, as how companies make decisions.)
What is the role of managerial economics?
Managerial economics is a branch of economics this used in conjunction with business economics. It deals with microeconomics with a focus on helping a business determine strategy and make decisions about operations, pricing, production, and risk investments.
How can studying economics help us make better choices about how to use scarce resources?
The study of economics is essentially the study of how to intelligently distribute limited resources in order to best satisfy unlimited wants.
Why do business people study economics?
to help them make decisions like : wat to produce,how much it to produce,what price to sell it for to maximize profit,etx smal business managment is besically microeconomics
What are the importance of economics in business studies?
Economics are important because understanding them helps managers make decisions. The more managers understand economics, the better they will be at pricing products and offering salaries to their employees.
The study of how you make decisions in a world where resources are limited?
economics
Will a course in sharepoint training help me make better business decisions?
Sharepoint training courses are designed to change the way you view your job and help you make better business decisions. Visit www.microsoft.com to become more familiar with what Sharepoint can do for you.
Who makes the economics decisions in a free market system?
they make there money byvsdfajhcgfGDHSADG
What is macroecomics?
Macroeconomics is economics within the world, as how countries make decisions and how societies organize. (Microeconomics is economics within businesses, as how companies make decisions.)
Why economics is related to psychology?
Psychology and Economics are more related than most people thing. The human psychology guides people when they make economic decisions.
What is meant by business statistics explain in details?
Business statistics are quantitative measures that help managers make better decisions. Managers use statistics to make decisions about products and employees.
Is it true that the sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions?
No. Accounting information is used by managers to make decisions and plans; but it is also commonly used by investors to make investment decisions and creditors (such as banks) to make lending decisions.
What can you make that will save the environment?
You can make better decisions.
What is the role of managerial economics?
Managerial economics is a branch of economics this used in conjunction with business economics. It deals with microeconomics with a focus on helping a business determine strategy and make decisions about operations, pricing, production, and risk investments.
How can studying economics help us make better choices about how to use scarce resources?
The study of economics is essentially the study of how to intelligently distribute limited resources in order to best satisfy unlimited wants.
Why do authors write about important decisions?
Decisions can shape your life. A book can influence your decisions to make them better.
