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Question 1:
Either
‘Today the business organizations are quite different from the traditional classical firm with a wide range of objectives.' Discuss the above statement in the light of the alternative business model's objectives.
OR
Explain the problems which may arise due to information asymmetry and discuss the measures which can be taken to alleviate some of these problems.
Question 2:
Discuss any three of the following:
a) Economic resilience and SIDs b) Financial globalization and economic growth c) Governance in the public sector d) Management of exchange rate risk e) Demand Management policies f) Importance of productivity concepts at firm's level and national level.
Shifts in demand curve Shifts in the demand curve are brought about by the changes in factors like taste, prices of other related commodities, income etc other than the price
The Consumption Function The consumption function is the relationship [expressed in mathematical or diagrammatic form] between planned consumption and other independent varia
Demand for money The demand for money is a more difficult concept than the demand for goods and services. It refers to the desire to hold one's assets as money rather tha
what is the importance of demand forecasting to managers
MONOPOLISTIC PRACTICES The following practices may be said to characterize monopolies. Exclusive dealing to supply and collective boycott Producers agree to supply onl
Demand management policies These policies are intended to increase aggregate demand and, therefore the equilibrium level of national income. They are sometimes called fiscal a
State about Managerial economics Managerial economics is a discipline which is designed to facilitate a solid foundation of economic understanding for business managers and al
different types of markets and role in managerial economics
THE GOVERNED ECONOMY The governed economy contains central authorities often simply called "the government" - who levy taxes on firms and households and which engages in numer
Decrease in Demand At the initial equilibrium price P 1 , quantity demanded falls from q 1 to q d . But the quantity supplied is still q 1 at this price. Hence, this
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