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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

The Delhi Capitals have been the best travellers this season; they’ve won 5 of their 7 matches on the road, and therefore will be confident heading into this match which will be played at a neutral venue. Among areas the Delhi Capitals would have identified as worrisome are the form of Prithvi Shaw at the top, and the lack of runs from the lower middle-order. The Capitals management will be delighted that Ishant Sharma upped his game and turned in an excellent spell in the match against the Rajasthan Royals, in the process ensuring the team did not feel the absence of Kagiso Rabada.

The Delhi Capitals have broken a string of poor seasons by qualifying for the playoffs; the last time they progressed past the regular league stage was in 2012. This time around, under Shreyas Iyer, they have consistently played good cricket – particularly in the second half of the league season. DC had won only two of their first five matches, but have since then piled on seven wins in their next nine matches. You’ll be able to Live IPL Stream Free on our website every weekday nights with none charges. There isn’t any buffering on our website.

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