Economics gives managers a framework for assessing profitability.

Q: When an organization has a structure in which decision-making authority is delegated as far down the…

A: The correct option is C i.e. Decentralized.

Q: The idea that management was a set of consistent skills that could be learned and taught is…

A: Before the mid-1900s, there was no management hypothesis as we consider it today. Work occurred as…

Q: Managers who are passive in gathering information and are unwilling to make decisions and deal with…

A: The ability to solve problems is essential to the business management function. Problems of various…

Q: Which of the following theories holds that multiple leadership variables determine the probability…

A: Leadership joined by the executives sets another course and utilizes assets to accomplish it.

Q: Microeconomics also known as

A: There are three major economic problem. They are as follows: The needs of the people are unlimited…

Q: How do you apply managerial decisions to production decisions?

A: Decision making is significant for maintaining a business undertaking which faces countless issues…

Q: When loyalty programs work, they result in one or more of the four effects of loyalty.  Discuss…

A: Loyalty Programs: These are the techniques to attract customers and boost the sell. Under the…

Q: Economics helps managers focus on key issues.

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Why is Managerial Economics relevant to you as a student?

A: Managerial economics refers to the analysis or study of economic condition and to make planning to…

Q: Does segmentation increase profits?

A: Market segmentation makes easier for companies to increase their sales. Some market segments might…

Q: List five typical attributes that an entrepreneur should have.

A: The list of five typical attributes that an entrepreneur should have been as follows: Desire to…

Q: market structure table with example

A: Market structure:- The way industrial sectors are divided and distinguished depending on the extent…

Q: How does market structure relate to the real world of business in relation to managerial economics?

A: The section of economics that deals with decision making and choices is said to be managerial…

Q: In a meeting with members of Strategic Management committee in your company, you ask middle managers…

A: For human nature, the two-factor theory and the learned model theories of needs are best reflected…

Q: What is the Importance of managerial economics as an accountant and as a student

A: Managerial economics is a blend of management and economics. It is also referred to as Business…

Q: The XYZ company is currently evaluating its investment. If Mr. Dela Cruz, the chief operating…

A: As the wants and desires of individuals in the economy are unlimited but the resources available to…

Q: does the supply side of the market relate to the real world of business in relation to managerial…

A: Supply side economics deal with the supply of goods and services. It mainly deals with market from…

Q: Individuals who come up with a new idea for a good or service, then they make it a reality are…

A: Entrepreneurial economics is a branch of economics that deals with the entrepreneurs and their…

Q: Economics helps managers focus on key issues. • Economics helps managers understand goal-oriented…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Is economic related to marketing?

A: Individually and collectively, economics is the study of how people distribute scarce resources for…

Q: John leaves school with almost no qualifications. He has decided that he would like to work as…

A: Competency-based recruitment is a method of hiring that is based on a candidate's ability to provide…

Q: Is it possible for a Managerial Economist to be liberal, normative, and radical at the same time?…

A: On a daily basis, businesses must make critical decisions. These decisions could be about an…

Q: Which of the following qualities describe entrepreneurs?Choose one answer.a. Innovators b. Risk…

A: Entrepreneurs have to be innovative to succeed and introduce their product in the market where there…

Q: BUSINESS OPPORTUNITIES CAN BE RECOGNIZED BY ENTREPRENEUR'S PRIOR EXPERIENCE. a. False b. True

A: In an economy, factors of production are needed to manufacture commodities and services, and…

Q: To maximize output, setting clear goals will enhance employees' performance. True or not True?…

A: Employees performance is characterized as how a representative satisfies their work obligations and…

Q: Why do managers make bad decisions?

A: Managers and leaders are simply human, and people aren't ideal decision-makers, so anticipate a…

Q: Define managerial economics and its relation with economics theory and decision science?

A: As wants and desires of the individual in the economy are unlimited but the resources possessed by…

Q: List the multiple factors that affect a company's market value?

A: Market esteem/value (otherwise called OMV, or "open market valuation") is the value a resource would…

Q: thnographic research C) experiment

A: Ethnography is a qualitative research study in a given environment which looks at the social…

Q: How does the learning curve positively affect a person in their college studies. Does this achieve…

A: Learning curve is positively affecting the college studies and not leads to diminishing return.

Q: Which of the following qualities describe entrepreneurs? Choose one answer. Innovators Risk takers…

A: Entrepreneur: The term entrepreneur refers to the person who starts a business and enjoys a maximum…

Q: Tom is a retail manager who's training one of his seasoned salespeople on the features and benefits…

A: Behavioral modelling is a method that businesses use to better understand and anticipate consumer…

Q: How can an anticipated change affect a market players decision?

A: Anticipating decision of different players in the market and how will they react in a period of time…

Q: What is the relevance and importance of managerial economics to students and accountants?

A: Economics as a study is associated with the decision making phenomenon, where the entities in the…

Q: Design an Ethical Organization, the "tone at the top" is a much more significant driver of…

A: Answer Explanation: According to the HBR article, “Most leaders intuitively acknowledge the…

Q: Give an example of a good research interview question. What makes it good/effective? Explain.

A: Research:- "Creative and organized activity performed to boost the reservoir of knowledge" is what…

Q: In one paragraph, concisely explain the historical connection between evolutionary biology and long…

A: Evolutionary economics influences both mainstream economics and a heterodox school of economic…

Q: How can the franchising industry best maximize its impact on the world of business in the coming…

A: A franchise is a kind of license that enables a franchisee to use the franchisor's brand name to…

Q: how does managerial economics help the manager in decision making and Forward planning?

A: Marginal Economics refers to the smooth blend of economics theories with their Management aspects is…

Q: Explain the historical connection between evolutionary biology and long-run competitive markets.

A: A perfectly competitive market refers to the market in which there is a large number of sellers and…

Q: how does the manager determine what steps to take to make the firm possible?

A: Manager has certain responsibilities for the firms development The primary objective would be to…