Assignment on Micro-Economics Submitted To: Md. Ridwan Reza Lecturer Department of Business Administration Leading University‚Sylhet. Submitted By: Rahat Sarwat Md. Sal Sabil ID: 1001010143 Md. Saddam Hussain ID: 1001010101 Adnan Islam ID: 1001010144 Syed Shaker Ahmed ID: 1001010125 Md. Lahinur Rahman ID: 1001010129
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Characteristics of Business Leadership Good leadership is important in any organization. A successful leader is one that is effective in his decision-making in regards to the vision‚ the strategy and motivation of others‚ which is necessary in leading. After careful research of the meaning of the term ‘good leadership’‚ I’ve come to the conclusion that there is no specific definition. However‚ most definitions involved the intentional influence of others in support of reaching a common
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Chief Characteristics Of Managerial Economics It would be useful to point out certain chief characteristics of Managerial Economics‚ inasmuch it’s they throw further light on the nature of the subject matter and help in a clearer understanding thereof. 1. Managerial Economics micro-economic in character. 2. Managerial Economics largely uses that body of economic concepts and principles‚ which is known as ‘Theory of the firm’ or ‘Economics of the firm’. In addition‚ it also seeks to apply
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THE PRACTICAL SIGNIFICANCE OF DIFFERENT COSTS 2.2 THE FACTORS INFLUENCING OPTIMUM SIZE AND THE SIGNIFICANCE OF DEMAND AND SUPPLY RELATIONSHIPS 2.3 UNDERSTANDING OF THE RELEVANCE AND LIMITATIONS OF ECONOMIC THEORY TO MANAGE DECISIONS 3. CONCLUSION 1. INTRODUCTION: From the economic perspective‚ there are a full range of wants from individuals‚ firms and government but there is only a few number of resources or factors of production such as land‚ labour‚ capital and enterprise. The
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terms of business‚ economic and management concepts. One of the most important and influential elements of the business environment is the structure of the industry. How a firm performs depends on the state of its particular industry and the amount of competition it faces. (Book) To describe the characteristics of the modern construction industry we should look at the nature of demand for industry’s products which is related to wants. In this case there are some particular characteristics; demand
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THE UTILITY CONCEPT THE term utility refers to satisfaction a consumer gets from whatever goods and services he consumes. It will be useful to discuss between two utility concepts: (i) total utility (ii) marginal utility Total utility attained from a commodity refers to the sum total of satisfaction which a consumer receives by consuming the various units of the commodity. The more units he consumes‚ the greater will be his total satisfaction upto a certain point. As he keeps on
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European Foundation for the Improvement of Living and Working Conditions Trends and drivers of change in the food and beverage industry in Europe: Mapping report Introduction Overview of the sector Trends and drivers of change Consequences of drivers of change SWOT analysis of the European food industry Bibliography This report is available in electronic format only Wyattville Road‚ Loughlinstown‚ Dublin 18‚ Ireland. - Tel: (+353 1) 204 31 00 - Fax: 282 42 09 / 282 64 56 email: postmaster@eurofound
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NMIMS Global Access School for Continuing Education (NGA-SCE) Internal Assignment for December 2014 Examination Course : Business Economics SEM : I Program : DSM / DBM / PGDBM /DHRM /PGDHRM /DMM/ PGDMM /DFM /PGDFM /DITM /PGDITM /DBFM / PGDBFM /DSCM /PGDSCM //DFPWM /DRM /PGDRM Assignment Marks: 30 Instructions: All Questions carry equal marks. All Questions are compulsory. Answer to each assignment question should not exceed 1500 words. Use relevant examples
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Queensland Government Report Business Communication and Technologies [Type the author name] 4/1/2014 Table of Contents 1.0 Introduction: This document shows the correct workplace practices with outlining the problems‚ identifying and analysing all of the issues. This report also helps you to know about your right and responsibilities such as pay‚ awards and agreements in your workplace. In Australia‚ work and pay conditions are legislated to be fair for
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NMIMS Global Access School for Continuing Education (NGA-SCE) Course: Business Economics SEM – I 1. Calculate Elasticity in the following cases: a) Assume that a business firm sells a product at the price of Rs 500. The firm has decided to reduce the price of the product to Rs 400. Consequently‚ the demand for the product is raised from 20‚000 units to 25‚000 units. Calculate the price elasticity of demand. ANSWER A: PRICE ELASTICITY OF DEMAND: MEANING: Price elasticity of demand
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