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What constitute the Basic concepts of " Business Economics" ?

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/12/30
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

1. Allocation of Resources

2.Opportunity Cost Analysis

3.Marginal Cost Analysis

4.Setting Business Objectives

5.Time Dimensions of  Decisions and Objectives

6.Economic Efficiency

7.Distribution of Resources, Risk and Uncertainity

8.Externalities: Interest of Society  in General

9.Discounting i.e Cost Benefit Analysis

10. Property Rights: Ownership Rights and Privileges.

 

 

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

Thanks for the invitation.

I agree with Mr. Krishna and Mr. Jetley.

zafar abbas minhas
by zafar abbas minhas , Freelance Writer , DAILY MASHRAQ

FINE ANSWER MR. KRISHNA ......... & GOOD QUESTION............ APPRECIATED

Nagib Qassim
by Nagib Qassim , Financial Controller , Ministry of Industry and Trade

what is the difference between Capital and Capialization

 

Muhammad Adeel
by Muhammad Adeel , Sales And Marketing Executive , TANZEEM HEAVY EQUIPMENT RENTAL LLC

Business economics is the buying and selling of products from an economical view, dealing with the making, the distribution, and the usage of the product.

Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

Agreed to you sir..........

Ibrahim Hussein Mayaleh
by Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed

Nothing to add as you and others have said good and enough.

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

Business Economics is a field in applied economics which uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms with labour, capital and product markets. A professional focus of the journal Business Economics has been expressed as providing "practical information for people who apply economics in their jobs."

Shahan Khan
by Shahan Khan , Officer GSP , WWF-Pakistan (Corporate Relations)

Mr. Krishna, once again you explained it well.

Tamer Elbeshbishy
by Tamer Elbeshbishy , Financial and Administration Manager , Muscat Towers Holding Group

I totaly agree with Mr.  Venkitaraman KRISHNA MOORTHY VRINDAVAN. But  I may add the feasibility  study and Break even  Analysis.  Thank You Very Much

 

 

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