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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
Engineering students need managerial economics so that they can better understand how they help their business. With a broader view of their contribution to the organization, they are able to do a better job.
Relation between managerial tasks and managerial levels
responsibilities of managerial eeconomic
nature of managerial economics?
they both serve the public
Public Administration is concerned with the management of public programs, which interact with the residents of the community or region. Those who work in it should share a commitment to offer public service. Negative reactions toward the system and its officials will often use the term "bureaucracy" (i.e. government by the deskholders), with connotations of an inflexible and unresponsive hierarchy that is unconcerned or ill-equipped in its fulfillment of public duties.
The administrative function is the function of actually administering the law as declared by legislators and interpreted by the judiciary branch of government (Prof: Willoug By).
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When someone has a managerial point of view, it means that they are evaluating a situation with the organizations' goals and constraint in mind.
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
The Transportation Security Administration (TSA) is supported by the United States Federal Government, which is then inturn supported by the citizens who pay taxes.
American political scientist Dwight Waldo is credited with creating eighteen definitions of public administration and organizing them into four categories: political, legal, occupational, and managerial. His work has been influential in shaping the understanding of public administration as a discipline.
According to the website Education Portal, one seeking a job in health care administration should have clinical and managerial experience in health care and an advanced degree in hospital administration or something similar.
Engineering students need managerial economics so that they can better understand how they help their business. With a broader view of their contribution to the organization, they are able to do a better job.
It supported business
supported new deal