Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601

1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
National Institute of Business Management
Ist Floor, Swathandrya Samara Smrithi Bhavan, Nandavanam Road
Palayam P.O. Trivandrum – 695 033
E-mail: admin@nibmglobal.com
0471- 4014294, 4014298
Assignments of One Year Executive MBA
Semester – IIl
1. Students are requested to go through the instructions carefully.
2. The Assignment is a part of the internal assessment.
3. Markswill be awarded foreach Assignment,which willbe added to the total marks.Assignments
carry equal marks.
4. Assignments should submit in your 'portal' on/before the 'completion date' mentioned.
5. Case study project is based on the elective subject selected.
Please submit your case study also in the portal on the 'completion date' of
second semester assignments.
Assignments Total Marks :100
Managerial Economics
Question.1.What are the factors which constitute Economic
environment of a country? Explain.
Answer:The economic environment in which a business operates has a great influence upon it. In
this lesson, you'll learn about the economic environment in business, including its various factors
and importance. A short quiz follows.
Economic Environment Defined

2. The economic environment consists of external factors in a business' market and the broader
economy that can influence a business. You can divide the economic environment into the
microeconomicenvironment,whichaffectsbusiness decision making - such as individual actions of
firmsand consumers - and the macroeconomic environment, which affects an entire economy and
all of its participants. Many economic factors act
Question.2.Explain the arguments in defense of Profit
Maximization Hypothesis?
Answer: Profit maximization is the most important assumption used by economists to formulate
various economic theories, such as price and production theories.
According to conventional economists, profit maximization is the only objective of organizations.
Therefore,profitmaximization forms the basis of conventional theories. It is regarded as the most
reasonable and productive business objective of an organization. Apart from this, profit
maximization helps in determining the behavior of business organizations as well as the effect of
various economic factors, such as price and output, in different market conditions.
The total profit (Π) of a business organization is calculated by taking the difference between Total
Revenue (TR) and Total Cost (TC).
Π = TR – TC
Question.3.Describe the assumptions of cardinal utility approach to
Consumer Analysis.
Answer:Cardinal utilityanalysisisbasedonthe cardinal measurement of utility which assumes that
utility is measurable and additive. This theory was developed by neo-classical economists like
Marshall, Pigou, Robertson etc. It is expressed as a quantity measured in hypothetical units which
calledutils.If aconsumerimaginesthatone mangohas8 utilsandan apple 4 utils,itimpliesthatthe
utility of mango is twice than of an apple.
Assumptions Of Cardinal Utility Analysis
Question.4.Explain the techniques of forecasting demands.
Answer:Broadly speaking, there are two approaches to demand forecasting– one is to obtain
informationaboutthe likely purchase behavior of the buyer through collecting expert’s opinion or
by conductinginterviews with consumers, the other is to use past experience as a guide through a
setof statistical techniques.Boththese techniquesof demandforecastingrelyonvaryingdegrees of
judgment.The firstmethodisusually found suitable for short-term forecasting, the latter for long-
term forecasting. There are specific techniques which fall under each of these broad methods.
Judgmental Approaches to Forecasting

3. Question.5.How does technology matter in reducing the cost of
production? Explain.
Answer:
Question.6.Describe the characteristics of a perfect competitive
market?
Answer:
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601