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The Fundamentals of Managerial Economic - Coggle Diagram
The Fundamentals of Managerial Economic
Introduction
The Manager
Economics
Managerial Economics
The Economics of Effective Management
Identify Goal and Constraints
Recognize the Nature and Importance of Profits
Accounting Profit Vs Economic Profit
Opportunity Cost
The 5 Forces Framework and Industry Profitability
Entry
Entry Cost
Sunk Cost
Network Effect
Switchiing Cost
Speed of Adjustment
Economics of Scale
Reputation
Government restraint
Power of Input Supply
Supplier Concentration
Price/productivity of alternative inputs
Relationship-specific investments
Supplier switching costs
Government restraints
Subsitutes and Complement
Price/value of surrogate products or services
Price/value of complementary products or services
Network effects
Government Restraints
Power of Buyer
Buyer concentration
Price/value ofsubstitute products or services
Relationship-specific investments
Customer Switching cost
Government restraints
Industry Rivalry
Concentration
Price, quantity,, quality,or service competition
Degree of Differentation
Switching Cost
Timing of Decision
Information
Information
Government Restraint
The Role of Profit
Understand the Incentives
Understand the Market
Recognize the Time Value of Money
Present Value Analysis
Net Present Value
Use Marginal Analysis
Discrete Decision
Continous Decision
Lihat lebih dalam pada Marginal Benefit dan Marginal Cost!!!!
Keyword : Delta Quantity controlable
Incremental Decision
Lihat lebih dalam pada Incremental Revenue dan Incremental Cost (Approach yang sama)
Data Driven Decisions
Obtaining estimates using regression
Regression for nonlinear function and multiple regression
Learning Managerial Economics
Contoh Soal
