Due to the complexities involved in the subject, often students are in the need of managerial economics assignment help.
It assists with management impactful tools and techniques in solving the logic based issues and policies.
The discussion will concern the “to buy or to make” dilemma applied to the real case of the sales force.
We will in fact show the transition from the sale force as outside agents (to buy) to the sale force as direct employee (to make) showing how the change of the environment can influence the modus operandi of a company.
It is the branch that relies heavily on the concepts of regression,correlation and calculus.
It is the area that is applicable to almost any business problem.
Due to the importance of the after-sales service and because of its innovative technology, in 1992 Ross & C decided to establish a subsidiary in Jakarta, Ross & C Indonesia, mainly for supporting the service activities of local agents and dealers.
At that time, in fact, the sales were entrusted to local representatives that didn’t have the proper knowledge and skill to maintain the Ross & C equipments.
Managerial Economics involves the application of concepts of management as well as economics together.
It defines the interrelationship between economic theory and managerial practice.