Analysis of consumer demand, Managerial Economics

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Part A : Select one of the following economic issues and discuss how it impacts on your organisation.

  • Analysis of consumer demand
  • Cost analysis
  • Market structure and competitive rivalry
  • Economic regulation
  • Pricing.

Part B: Discuss how the following are used or could be used in the organisation.

  • Ratio analysis
  • Decision making techniques, either short term or long term.

Part C: Discuss the benefits and limitations of budgeting and planning relating this experience to the budgeting process and budgetary control in the organisation.

 


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