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What is meant by Managerial Economics?

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تم إضافة السؤال من قبل Abdul Rehman Zaheer , Marketing & Projects Specialist , King Fahd University of Petroleum & Minerals
تاريخ النشر: 2014/06/24
Mohammad Aslam
من قبل Mohammad Aslam , Projects Manager , National Aluminium & Steel Factory

Controlling vital few/scarce resources to manage cost effectively

Divyesh Patel
من قبل Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Mangerial Economics is the study of costs, benefits, and about maximising returns on capital and available resources by adopting proper techniques or by devloping suitable skills.

SAHL HIJAZI
من قبل SAHL HIJAZI , Purchasing Manager , BINZAFRAH GROUP

Managerial economics is the application of the economic concepts and economic analysis to the problems of formulating rational managerial decisions.

Eng Syed Zakir Imam
من قبل Eng Syed Zakir Imam , Procurement Manager , TESC Contracting

Managerial economics consists of the use of economic modes of thought to analyse business situation.

Mohammad Tohamy Hussein Hussein
من قبل Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

Managerial economics are the methods to achieve the most economical viable solutions.

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