Question

What economic conditions are relevant in managerial decision making?

Answer 1

hello mate!....


》 Market structure, supply and demand conditions, technology, government regulations, international factors, expectations about the future, etc.



hope it helps u

Answer 2

There are total seven economic conditions that are relevant in managerial decision making.

The demand of any product of the company will regulate its market while the supply channels will decide its price.

This means that market structure, supply and demand are relevant to the managerial decision.

The other relevant factors are technology, government rules and regulations, international scopes, future situations and macroeconomic issues.