workers
Social responsibility and maximization of society's economic wealth has undergone through various changes. The entire society has to take up this responsibility of increasing wealth in their regions in various economic activities.
Economic optimization in a business setting involves making decisions to maximize efficiency and productivity. This can be achieved by analyzing costs and benefits to determine the most effective use of resources. Strategies such as cost minimization, revenue maximization, and resource allocation can help businesses operate more efficiently and effectively. By applying economic principles, businesses can make informed decisions that lead to improved performance and profitability.
benifit maximazation
what are the economic tool which help manager in decision making
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.
Social responsibility and maximization of society's economic wealth has undergone through various changes. The entire society has to take up this responsibility of increasing wealth in their regions in various economic activities.
utility maximization
Economic optimization in a business setting involves making decisions to maximize efficiency and productivity. This can be achieved by analyzing costs and benefits to determine the most effective use of resources. Strategies such as cost minimization, revenue maximization, and resource allocation can help businesses operate more efficiently and effectively. By applying economic principles, businesses can make informed decisions that lead to improved performance and profitability.
benifit maximazation
what are the economic tool which help manager in decision making
are economic, cultural, socio-economic status and tradition
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.
population
Reading is a human activity. In economic terms, it needs to be linked with profit/revenue maximization, which is very unlikely to happen.
Profit maximization is also about increasing the EPS (earning per share) of the shareholders and to maximise the net present worth. Main objective of co is profit maximization EPS: net profit/ no of shares outstanding. Wealth maximization is anything having value. Anything which can be expressed in money value or economic value which is considered as wealth. Baisc objective of a co is wealth maximization. How to increase the wealth: By producing a quality product at a competitive rate. By giving product at reasonable price. Good after sales service. this all things leads to increase in co's wealth.
One factor affecting the FDI in India is their economic growth. Also, another factor affecting the FDI in India is their capital preservation.
the govermant