Economists also study how economic systems address three basic questions: What shall we produce?; How shall we produce it?; For whom shall we produce it?
Basic economic questions all deal with scarcity. These type of questions must be asked so that economic decisions will be made that are beneficial.
Markets and governments address three fundamental economic questions: What goods and services should be produced? How should these goods and services be produced? And for whom should they be produced? In market economies, these questions are typically answered through supply and demand dynamics, while in command economies, governments make these decisions based on planning and policy objectives. The balance between market forces and government intervention shapes the allocation of resources and production outcomes.
The three basic managerial function includes planning, organizing and leading. Actually there is four.
One basic question is for whom goods and services are produced.
One of the basic question firms want to address using the Human Resource Planning is how you will manage people in a work place.
Economists also study how economic systems address three basic questions: What shall we produce?; How shall we produce it?; For whom shall we produce it?
When you plan a business you want to make sure that you address possible risk. You will also need to address the human resource process, marketing and accounting.
The best place to start regarding personal financial planning is with your banker. He or she is bound to know some people that can help you specifically, and he or she maybe able to answer your basic questions.
the first step in planning is to develop some basic assumption
Organization
no
Basic economic questions all deal with scarcity. These type of questions must be asked so that economic decisions will be made that are beneficial.
You need your full name, first, middle, and last including suffix. Also needed are your address, state you live in and your zip code. Along with your social security number and questions about your work status and banking information are part of the minimum questions on a basic credit card application.
Planning
Planning Leading Organizing Controlling
The three basic managerial function includes planning, organizing and leading. Actually there is four.