(BQ) Part 1 book "Managerial economics" has contents: Introduction to economic decision making, optimal decisions using marginal analysis, demand analysis and optimal pricing, estimating and forecasting demand, production, cost analysis, perfect competition, monopoly.
Written primarily for students taking?courses in managerial economics?in Britain and Europe,?The Business Economics and Managerial Decision Making analyses the growth and development of privately owned firms and also the decisions made by firms operating in both private and public sector enterprises. Coverage is clear and concise, and avoids specialist techniques such as linear programming
Major Influences on Clinical Decision-Making More than a decade of research on variations in clinician practice patterns has shed much light on forces that shape clinical decisions. The use of heuristic "shortcuts," as detailed above, provides a partial explanation, but several other key factors play an important role in shaping diagnostic hypotheses and management decisions.
After completing this chapter, students will be able to: Discuss accounting as the language of business and the role of accounting information in making economic decisions, discuss the significance of accounting systems in generating reliable accounting information and understand the five components of internal control, explain the importance of financial accounting information for external parties - primarily investors and creditors - in terms of the objectives and the characteristics of that information,...
Tham khảo sách 'visualjohn wiley & sons, inc.going using images to enhance productivity, decision making, and profits', kinh doanh - tiếp thị, quản trị kinh doanh phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả
Economic Incentives Economic incentives are closely related to the other two categories of practice-modifying factors. Financial issues can exert both stimulatory and inhibitory influences on clinical practice. In general, physicians are paid on a feefor-service, capitation, or salary basis. In fee-for-service, the more the physician does, the more the physician gets paid. The economic incentive in this case is to do more. When fees are reduced (discounted fee-for-service), doctors tend to increase the number of services billed for.
In this chapter, you learned to: Define the terms state of nature, event, decision alternatives, payoff, and utility; organize information in a payoff table or a decision tree; compute opportunity loss and utility function; find an optimal decision alternative based on a given decision criterion; assess the expected value of additional information.
After studying this chapter you will be able to: Accounting equation entries applied to capital costs and expenses and their impact on financial statements; depreciation methods, calculating depreciation and book value of assets and the affect on profit, taxes and cash flow; inventory management and the affect on the accounting equation; financial statement ratios and their use for economic decision making.
Chapter 13 - Strategic decision making in oligopoly markets. This chapter introduced you to game theory, an indispensable tool for thinking about strategic decision making. We focused on three types of strategic decision situations: (1) simultaneous decisions, in which managers make their individual decisions without knowing the decisions of their rivals; (2) sequential decisions, in which one manager makes a decision before the other; and (3) repeated decisions, in which strategic decisions are made repeatedly over time by the same firms.
Chapter 20 - Game theory, strategic decision making, and behavioral economics. After reading this chapter, you should be able to: Explain what game theory is and give an example of a game and a solution to a game, discuss how strategic reasoning and backward induction are used in solving games, distinguish informal game theory differs from formal game theory, describe how the results of game theory experiments challenge some standard economic assumptions.
Chapter 8 - Behavioral economics: A closer look at decision making. In this chapter you will learn: What time inconsistency is and how it accounts for procrastination and other problems with selfcontrol, why sunk costs should not be taken into account in deciding what to do next, what types of opportunity cost people often undervalue and why undervaluing them distorts decision making,...
Chapter 10: Information. In this chapter you will learn: What information asymmetries are, and why they matter for economic decision making; how to differentiate between screening and signaling and describe some applications of each; how reputations can help to solve information problems;...
Chapter 5 - Responsibility accounting and transfer pricing. The following will be discussed in this chapter: Responsibility accounting, cost center - design, profit center - design, investment centers, return on investment, residual income, economic value added,....
Chapter 13 - Strategic decision making in oligopoly markets. this chapter introduced you to game theory, an indispensable tool for thinking about strategic decision making. We focused on three types of strategic decision situations: (1) simultaneous decisions, in which managers make their individual decisions without knowing the decisions of their rivals; (2) sequential decisions, in which one manager makes a decision before the other; and (3) repeated decisions, in which strategic decisions are made repeatedly over time by the same firms.
Chapter 15 - Decisions under risk and uncertainty. When managers make choices or decisions under risk or uncertainty, they must somehow incorporate this risk into their decision-making process. This chapter presented some basic rules for managers to help them make decisions under conditions of risk and uncertainty.
(BQ) Part 2 book "Economics for managers" hass contents: Measuring macroeconomic activity, the role of money in the macro economy, the aggregate model of the macro economy, international and balance of payments issues in the macro economy, combining micro and macro analysis for managerial decision making.
(BQ) Part 2 book "Managerial economics" has contents: Oligopoly, game theory and competitive strategy; regulation, public goods, and benefit cost analysis; decision making under uncertainty; the value of information; asymmetric information and organizational design; bargaining and negotiation,...and other contents.
(BQ) Part 2 book "Managerial economics" has contents: Government regulation of business; decisions under risk and uncertainty, advanced pricing techniques; strategic decision making in oligopoly markets; strategic decision making in oligopoly markets; managerial decisions in competitive markets,...and other contents.
The intended audience for this book comes primarily from companies
in two categories:
Companies that recognize the need for better decision-making processes,
enhanced coordination, and greater responsiveness both
internally and within their extended supply chain
Companies that have installed an enterprise-wide software system
and now realize that they need to change their businesses processes
to gain major benefits from their investment in software.