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The reason is that making an appropriate business decision requires a clear understanding of market conditions, the nature and degree of competition, art fundamentals and the business environment This requires intensive and extensive analysis of the market conditions in the product market, input market and financial market.. On the other hand, economic theories, logic and tools have been developed to analyze and predict market behaviour. The application of economic concepts, theories, logic and analytical tools in the assessment and prediction of market conditions and business environment has proved to be of great help in business decision making...
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Common topics in this essay:
- Business Economics
- Business Economics
- Business Economics
- Business Law problems
- business economics
- Economics for Business
- The Evolution Of Accounting And Business 1950 To 1995
- Views of Business Ethics & Managerial Accountability
- Current Business Problems
- Meaning And Scope Of Managerial Economics
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