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Managers need to know economics resources
Resources such as finance, material and workforce are limited. Though in the absence of unlimited resources, it's the responsibility of management to optimise the use of these kind of resources
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environmental issues of managerial economics managerial economics also includes some aspects of macroeconomics these relate to political and social
environmental issues factorsthis is governed by the below factors the type of economic system of the country business cycles industrial policy
the group consolidated financial results would normally be effected if an internal buyer uses their autonomy and makes a decision to buy outside the
why managers need to know economicsthe influence of economics towards the performance of managerial duties and responsibilities is of major
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q show the cost based approaches - method of transfer pricingthe pricing of products or services are based on their full or variable marginal
q explain two-part tariff systemwith a two-part tariff system the buyer is charged a transfer price equal to the sellers variable marginal cost for
q market based approachescost based approaches to transfer pricing can ignore what external competition would charge therefore open external market
q what do you mean by dual pricingdual transfer pricing means setting one transfer price for the internal seller and another transfer price for the
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