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Posted by Ruth on April 18, 2024 at 2:56am 0 Comments

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Posted by Alma on April 18, 2024 at 2:56am 0 Comments

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Posted by Ann on April 18, 2024 at 2:56am 0 Comments

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Relevance of Economics in Management

Posted by Poddar College on April 18, 2024 at 2:55am 0 Comments

Economics plays a crucial role in management across various aspects of decision-making within organizations. Here are several ways in which economics is relevant in management:



Resource Allocation

Economics provides managers with tools and frameworks to efficiently allocate scarce resources, such as capital, labor, and raw materials. Managers need to make… Continue

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