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Why is demand estimation and forecasting important for managerial decision making?
Wiki User
∙ 10y ago
why is demand estimation and forecast important for managerial decision making
Wiki User
∙ 10y ago
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Explain Managerial economics is economics applied in decision making?
Explain Managerial economics is economics applied in decision making?
Role of managerial economic 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.
Significance of managerial economics in decision making?
significance of managerial economics is decesion making
What are the economic tools of managerial decision making?
what are the economic tool which help manager in decision making
What are the implications for managerial decision making?
It implicates that the decision of the whole thing is made by the manage himself.
Managerial accounting places considerable weight on?
Managerial accounting places emphasis on how the numbers actually affect the organization. In managerial accounting, managers want to know what is important to decision making.
What jobs use confidence intervals?
Any kind of decision making - which means all managerial jobs.Any kind of decision making - which means all managerial jobs.Any kind of decision making - which means all managerial jobs.Any kind of decision making - which means all managerial jobs.
Role of cost accounting in managerial decision making?
Role of cost accounting in managerial decision making?"
Explain Managerial economics is economics applied in decision making?
Explain Managerial economics is economics applied in decision making?
Role of managerial economic 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.
Significance of managerial economics in decision making?
significance of managerial economics is decesion making
Managerial decision types?
There are two types in connection with the managerial decisions , they are :- 1. Vertical managerial decision , 2. Horizontal managerial decision. 1. Vertical managerial decision this means that the decisions are taken vertically that is from top level to bottom level. The top level managers will take the decisions and pass it towards the middle level and thy will pass it to the bottom level , there will be no consideration for the bottom level managers to play in the decision making process. The power will vested only with top levels. 2. Horizontal managerial decision here the top level managers will consider the ideas and suggesion from the bottom level before taking a decision.
What has the author G P Marshall written?
G. P. Marshall has written: 'Economics of managerial decision-making' -- subject(s): Decision making, Decision-making, Managerial economics
decision support system (DSS)?
interactive and iterative managerial decision making
Discuss the importance of measuring variability for managerial decisions?
discuss the importance of measuring variability for managerial decision making
What are the economic tools of managerial decision making?
what are the economic tool which help manager in decision making
What are the implications for managerial decision making?
It implicates that the decision of the whole thing is made by the manage himself.
