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When the market rewards you:
As a customer: with falling prices and increasing quality
As a producer: with an increase in revenue, and customer volume
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Concept and function of business finance?
Allocation of financial Resources . Procurement of found . Efficient and Effective utilization of financial resources
Can you explain the allocation of financial resources?
Financial resources are loans, mortgages etc. Which are provided on returning capacity.
What does the flow of money determine in the circular flow model?
The allocation of resources. :P
3 major function of business finance?
Allocation of financial ResourcesProcurement of foundEfficient and Effective utilization of financial resources
Leadership qualities of mukesh ambani?
he uses the human resources in an efficient manner.
When the market does not result in an efficient allocation of scarce resources economists call this?
market failer
What is an exception to the general idea that markets lead to an efficient allocation of resources?
Imperfect Compitition
Concept and function of business finance?
Allocation of financial Resources . Procurement of found . Efficient and Effective utilization of financial resources
When is the allocation of resources in an economy considered to be inefficient?
when total resources in an economy is not equally allocated among four factors of production i.e land, labor, capital and organization then allocation of resources in an economy considered to be inefficient.
What does efficient resource allocation mean?
economic resources-land, labor and capital-will be used for their most valuable purposes.
Is it important to develop model of economy that can help us define and decide what is meant by efficient allocation of resources?
yes
How do you become a reliable project manager?
You can assess the strategic management, effective supervision and efficient allocation of resources and also manage and coordinate people and resources
How does the free market ensure efficient allocation of resources?
because there is no restriction on the usage of resourses so they can use according to their need.
How does the free market ensurEs an efficient allocation of resources?
because there is no restriction on the usage of resourses so they can use according to their need.
What is the study of the allocation of resources?
ECONOMICS is the study of the allocation of SCARCE resources.
What is an example of an allocation decision?
Coal is set aside to burn as heating fuel.
Economics is about the allocation of resources for the production and distribution of goods?
Economics is about the allocation of resources for the production and distribution of goods and ___________.
