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Discuss why business-managerial economics knowledge is vital

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Reference no: EM132421797

In the new millennium, competition at regional and global levels have become very intense among market players. Thus, leaders or captains of the industries need to equip themselves with an array of advanced business and economics knowledge. Discuss why business/managerial economics knowledge is vital in the process of decision making for captain of profit maximizing organizations. Discuss. firms as well as not-for-profit.

Reference no: EM132421797

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