in economics we study about economic activities , as we know business is not possible without economic concern like money ,financial activities so both are directly interrelatd.
Following are the steps helps to managers while taking decisions.. 1.Establish objectives. 2.Define the problem. 3.identify factors that affect the problem. 4.specify alternative solutions. 5.collect data and other informations. 6.Evaluate and screen alternatives. 7.Implement best alternative and monitor result. I think these are the main process in managerial economics.. By -Nsk
Gregorio S. Miranda, Ph. D Professor of economics, College of Business administration, University of the east; Author: Essentials of money, credit and Banking; International Trade; Elements of Business finance; Business Government; Introduction to Study of Business in the philippines; Importation and Exportation; Introductory Economics; Commercial Banking; Economics for high school; and Non-Commercial Banking.
The term business economics is used in different ways. Sometimes it is used synonymously with industrial economics/industrial organization, managerial economics, and economics for business.
The public administration and economics have a very complex relationship with one another. For instance, the public administration does the policies, which can either make or break the economy.
1. Business economics is a branch of economics which applies microeconomics analysis tro decision methods of business or other management units where as economics is the science which studies how the scarce resources are employed for the satisfaction of needs of men living in the society. 2. Business economics is micro in nature whereas economics is macro in nature.
Following are the steps helps to managers while taking decisions.. 1.Establish objectives. 2.Define the problem. 3.identify factors that affect the problem. 4.specify alternative solutions. 5.collect data and other informations. 6.Evaluate and screen alternatives. 7.Implement best alternative and monitor result. I think these are the main process in managerial economics.. By -Nsk
BBA stands for Bachelor of Business Administration. It is a four-year undergraduate degree program designed to provide fundamental knowledge and skills in business and management. The curriculum typically includes courses in business law, economics, finance, marketing, organizational behavior, and other business-related areas.
A person who has earned a degree in Business Administration from a reputable university has learned how to operate a business and all the aspects of business & industry and economics.
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Business Administration, Economics, and Finance are some of the few that are the best to major in.
Tagalog: Pamamahala sa Negosyo English: Business Administration
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University of Lausanne, Switzerland, degree in economics and business administration, 1976.
You'll want to study finance, economics, statistics and administration. ----------------------- Master in Commerce or Business Administration major in Banking & Finance.
Most business administration degrees prepare students with a firm grounding in the principles of finance, marketing, economics, accounting, statistics, problem solving, human resources and decision-making.
Master of Business Administration