FALL SESSION – 2014 MASTER OF BUSINESS ADMINISTRATION- SEMESTER 1 ROLL No. : 1408000472 Nitin Baban Borkar MB 0042: Managerial Economics Q.1. Inflation is a global Phenomenon which is associated with high price causes decline in the value for money. It exists when the amount of money in the country is in excess of the physical volume of goods and services. Explain the reasons for this monetary phenomenon. Ans: Inflation is commonly understood as a situation of substantial and rapid increase
Premium Inflation Monopoly Economics
establishes “Laura’s Law” which specifies that any social host who furnishes a minor with intoxicating liquor found to be a contributing cause of resulting permanent personal injuries or death will be guilty of a class D felony. This law changes the dynamics of any old law (alcohol-related traffic offenses‚ with penalty provisions) by holding a person who has control over the consumption of alcohol by a minor is now referred to as the “social host”. The social host (parent‚ guardian‚ or other adult) who
Premium Logic Mothers Against Drunk Driving The Bill
BEHAVIOR: AN OVERVIEW Economic Choice Marginal Analysis Managerial Application: Marginal Analysis of Customer Profitability Opportunity Costs Managerial Application: Opportunity Costs and V-8 Creativity of Individuals Managerial Application: Creative Gaming of the System GRAPHIC TOOLS Individual Objectives Indifference Curves Constraints Individual Choice Changes in Choice MOTIVATING HONESTY AT MERRILL LYNCH MANAGERIAL IMPLICATIONS Managerial Application: Medicare Creates Perverse Incentives for Doctors
Premium Consumer theory Economics Utility
Managerial theories of the firm Managerial theories of the firm place emphasis on various incentive mechanisms in explaining the behaviour of managers and the implications of this conduct for their companies and the wider economy. According to traditional theories‚ the firm is controlled by its owners and thus wishes to maximise short run profits. The more contemporary managerial theories of the firm examine the possibility that the firm is controlled not by its owners‚ but by its managers‚ and
Premium Management Profit maximization
Sensation and Perception How vision (text)‚ audition (text) taste‚ smell‚ and touch work (textbook.) Illusions‚ limbs‚ and blind site. * What is real? * Process of taking in – sensation through senses. Collection of environment extra * Perception- interpretation from environment. Extra * Sensation: converting the stimulus (smell‚ sound‚ ect) as it arrives at receptors in the ears‚ eyes‚ or mouth‚ into neural impulses. * Perception: processing‚ comparing‚ and interpreting
Premium Sleep Classical conditioning
there a sexual revolution in the 60s but that it set in motion new and ferocious ‘culture wars’. To hear this side of the debate about it‚ it is no doubt that the sexual revolution is one of the unacknowledged forces shaping much of the contemporary social‚ political and religious life; as I will explain in this paper. According to Timm and Sanborn (2007)‚ the sexual revolution began long before the communards in Berlin decided to pose naked‚ and long before European teenagers discovered the Rolling
Free Human sexuality Sexual intercourse Human sexual behavior
Assignment 1: Sensory Perceptions Nicole Brock PHI 210 Renee Pistone 10/21/2012 “The brain‚ a complex structure‚ allows a human being to perceive and react to their environment‚ contemplate "the big questions‚" and experience a myriad of emotions. The brain controls the body and maintains the delicate internal balance needed to sustain life” (Smith‚ 2010). If fortunate enough‚ we humans all have five senses: vision‚ hearing‚ taste‚ touch‚ and smell. All of these senses that we have‚ work
Free Sense Perception Brain
was that this one biological feat we could never master. Dr. Lee M. Silver‚ 1997. On February 23‚ 1997‚ Doctor Ian Wilmut successfully cloned the world’s first mammal‚ giving the world a harsh wake-up call to the state of its technology. The implications of an effective somatic cell nuclear transfer in mammals are tremendous. The use of cloning for research purposes could yield fixes for aging and heart problems; new organs for patients in need of transplants; increased reliability of plastic
Premium Cloning Human Reproduction
2011-17951 Date submitted: August 29‚ 2013 Ownership of Media and Its Implications The Issue of Media Ownership Media ownership has been a hot topic for quite some time. In the Philippines‚ where private-ownership of the media is more common‚ the issue now is whether or not foreigners can own more than 40% of a media company. This is a country that has also experienced dominance of state-owned media under martial law and during that time‚ and Filipinos did not accept that sitting down but
Premium Public ownership Mass media Ownership
Examination Paper Semester I: Managerial Economics IIBM Institute of Business Management Semester-1 Examination Paper Managerial Economics Section A: Objective Type (30 marks) • • • This section consists of multiple choices & Short notes type questions. Answer all the questions. Part one carries 1 mark each & Part two carries 5 marks each. MM.100 Part one: Multiple choices: 1. It is a study of economy as a whole a. Macroeconomics b. Microeconomics c. Recession d. Inflation 2. A comprehensive formulation
Premium Supply and demand Productivity Gross domestic product