BUSINESS ADMINISTRATION AND MANAGEMENT DISCUSSIONS !!!

[great]

Why this thread is sleeping

[sgokulprathap]

some1 start a topic to discuss.

[bingleguy]

Managerial Economics !

[selvakumar]

Why this thread is sleeping

coz every manager on earth sleeps

"Velai illaathavanthaan
Velai theriyaathavanda
veeramaanah velakaaran
vivakaaranamaana velakaaran"

-- Dedicated to all managers (past, present and future)

[sgokulprathap]

Managerial Economics !

Managerial economics (also called business economics), is a branch of economics that applies microeconomic analysis to specific business decisions. As such, it bridges economic theory and economics in practice. It draws heavily from quantitative techniques such as regression and correlation, Lagrangian calculus, linear programming, decision theory, and game theory.

[nms]

Throw some light on "Basics of Accounting "..this subject is pulling me down

[Braandan]

Question from a layman:
What is meant by "managerial aspirant".. a person who really want to "manage" the affairs of a company (or a family) by making sacrifices and ready to even get a bad name and personal loss in the process or a person who simply wants to become a "boss" to others?
Because, many young managerial aspirants I met, really want to boss over others rather than really manage things!
(most do not know the difference).

Hubbers who try to answer me, be ready to answer more questions from me depending on your answers.

[Sandeep]

"Managerial aspirants" usually have many reasons some +ve and some -ve

+ve ones like
Strong belief in improving the functioning (family/business etc).
Desire to utilize your leadership/administrative/planing qualities.

-ve ones like
desire to escape from ground work
desire to "be the boss"

and also balanced once like
see it as a reward/recognision for your hard work and loyalty
aspirations based on seniority

Again many people see management primary as "Managing employees" which cannot be farther from truth. Personnel management as we know is only one stream of management. Others like Client management, Process management, Event management you don't get to "boss" anyone but is instead bossed by all.

Even in Personnel Management "bossing" is only one of your responsibility.

[ajithfederer]

Please be more specific in your question please......

Throw some light on "Basics of Accounting "..this subject is pulling me down

[Ramakrishna]

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