Managerial Economics

Author: Liu Cunxi
Publisher:
Publish Date: 2002-10-01
Features: Economic systems and business management models do not remain at the same level. The theoretical research and practical application of economic management will continuously obtain new information and energy, and innovate, as they evolve with the development of the times, technology, society, enterprises, and human wisdom. Chinese enterprises have transitioned from a traditional planned economy system and have continuously identified problems during the reform process. Chinese enterprises, originating from a traditional planned economy system, have continuously identified problems during the reform process and have updated their concepts and innovated by eliminating drawbacks in exploration and operations, striving to achieve the "chemicalization" of management. With the opening of the doors to foreign investment, foreign enterprises that have long operated under market economy conditions have provided a model for the reform and operation of Chinese state-owned enterprises, as they respect market laws and strictly adhere to corporate management principles. On this basis, building a credit-based system and adhering to the simultaneous development of both material and spiritual civilization has become the goal of Chinese enterprise operations. This book adopts a method that combines qualitative and quantitative analysis,ing on the market economy conditions, introducing the basic economic knowledge that underpins business decision-making, and exploring how economic theory and economic analytical methods can be applied to the decision-making process of business operations.