WorksheetsMANAGERIAL ECONOMICS
Total questions: 15
Worksheet time: 10mins
Father of economics?
Adam smith
Charles Babbage
Martin Luther King
Economics is a________
Science
Social science
Arts
Economics means_____
Study of wealth of Nations
Study of commerce
Study of account
Economics is necessary for______
Human resources management
Any society
Management
Economic is a study of______
Human behaviour
Mathematics
Community
_____ is the primary function of economics.
Financial study
Maintaining rules
Controlling on staff
Micro and macro economics are___________ of economics.
Function
Scope
Objective
Economics is very useful in any business organisation.
True
False
In economics cost control means_______
Determining cost
Decision of production
Prepare plan for products
Price determination and cost control both are different things.
True
False
Economics helps to understand taxation and government policies.
True
False
Economics gives a_________ to any business organisation.
Objective
Goals
Directions
Economic helps to measurement ___________ of firm.
Efficiency
Demand
Wealth
All of these
Management depends on______
Economics
Demand
Business policies
Managerial economics helps to management for finalising_____
Financial issues
Human resources
Wealth of organisation
All of these
