MANAGERIAL ECONOMICS AND FINANCIAL ANALYSIS (2MARKS) UNIT-I INTRODUCTION TO MANAGERIAL ECONOMICS 1) Define managerial economics? a) The integration of economic theory with business practice for the purpose of facilitating decision making and forward planning by management ( Spencer ) The managerial economics is the application of economic theory and methodology to business administration practices ( Brigham and Pappas ) 2) What are the main areas of managerial economics? a) The main areas of applications in managerial economics include demand decision, input output decision, price output decision, profit related decision, investment decision and economic forecasting and forward planning 3) What is the meaning of micro and macro economics? a) Micro economics is the study of an individual, a firm or an industry. it is also called theory of firm or price theory ,Macro economics is the study of aggregates of individuals or firm...
MEFA 2 Marks Questions and Answers 1) Define managerial economics? a) The integration of economic theory with business practice for the purpose of facilitating decision making and forward planning by management (Spencer ) The managerial economics is the application of economic theory and methodology to business administration practices ( Brigham and Pappas ) 2) What are the main areas of managerial economics? a) The main areas of applications in managerial economics include demand decision, input output decision, price output decision, profit related decision, investment decision and economic forecasting and forward planning 3) What is the meaning of micro and macro economics? a) Micro economics is the study of ...
Sri Penusila Lakshmi Narasimha Swamy Temple in Penchalakonda Sri Penusila Lakshmi Narasimha Swamy Temple is located at Penchalakonda in Nellore district of Andhra Pradesh. The presiding deity in this shrine is Lord Lakshmi Narasimha, an incarnation of Lord Vishnu along with His consort Goddess Chenchu Lakshmi. Lord Lakshmi Narasimha is a Swayambhu in this shrine. History of the Temple Sri Penusila Lakshmi Narasimha Swami Temple is a very ancient sacred place. This temple is built according to Agama Shilpa Sastra. Lord Lakshmi Narasimha Swamy also known as Somasila Narasimhaswamy is manifested Himself on a huge rock in Yoga Mudra or meditative posture. Hence the shrine acquired its name as Penusila as Lord is found on a huge rock. Later it became famous as Penchalakona. This shrine is one of Nava Narasimha Kshetras. Beside the temple Kandaleru River f...
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