CHAPTER1
Management and Economics
CHAPTER AT A GLANCE
• Management—Concept, Process, Theories and Approaches
• Management Roles and Skills Functions—Planning, Organizing, Staffing, Coordinating and Controlling
• Communication—Types, Process and Barriers
• Decision-making—Concept, Process, Techniques and Tools
• Organizational Structure and Design–Types, Authority, Responsibility, Centralization, Decentralization and Span of Control
• Managerial Economics—Concept & Importance
• Demand analysis—Utility Analysis, Indifference Curve, Elasticity and Forecasting
• Market Structures—Market Classification and Price Determination
• National Income—Concept, Types and Measurement
• Inflation—Concept, Types and Measurement
• Business ...
