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What are Central or Basic Problems of an Economy?

Course: master degree programs.

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How Managerial Economics is an Integral Part of Business Activity?

Course: master degree programs.

Managerial Economics is the use of economic modes of thought to analyze business situations. Based on this definition of Managerial Economics, the relationship between economics and management may be justified. The management provides the guidance, l... More

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Answer in managerial economics

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What should the decision maker needs to keep in mind while collecting and selecting data on the relevant variables?

Course: master degree programs.

It is of utmost importance for the decision maker to appropriately analyze the various determinants of the range of variables that may have an effect on the demand of nip product while conducting the regression analysis. An account of the substitute ... More

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Answer in managerial economics

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Value Maximization has become the Major Objective of a Modern Firm. Comment.

Course: master degree programs.

Value maximization is the new fundamental of the real world firms. However, the traditional objective of the firms has been profit maximization, but of late some part of this objective has been replaced with value maximization. As the firms tend to i... More

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Answer in managerial economics

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Managerial Economics serves as a link between traditional economics and decision sciences for the business decision-making. Explain.

Course: master degree programs.

Managerial Economics is concerned with the application of economic principles and methodologies to the decision making process within the firm or the organization under the conditions of uncertainty. Thus, it can be said on the basis of the above def... More

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Answer in sociology of religion study

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Explain Functionalism as a Sociological Perspective.

Course: ma sociology.

The oldest perspective in the field of sociology is functionalism. The maintenance of social unity is the prime objective in functionalist approach. Durkheim, who is the founder of functionalism viewed religion within the context of the entire societ... More

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Answer in sociology of religion study

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What do understand by Tribal Cosmology?

Course: ma sociology.

Tribal Cosmogony refers to a five fold order that sets forth the timeless sequence of creation, preservation and dissolution of the world of matter. Let see its fundamental, intuition. First Order is set in 'nothingness': In the beginning there was n... More

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Answer in sociology of religion study

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Describe Religion as Superstructure according to Karl Marx.

Course: ma sociology.

Religious institutions, being part of the superstructure, were no exception to this rule. For Marx, societal superstructure rested upon production relationships, i.e. class relationships. The superstructure was not an autonomous entity. It followed c... More

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Answer in sociology of religion study

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Discuss Religion as an Instrument of Oppression according to Karl Marx.

Course: ma sociology.

RELIGION AN INSTRUMENT OF OPPRESSION. Karl Marx had a theory of religion from his phrase "opium of the people." Even with this negative view, the social theory of Marxism would eventually intertwine religion and economics... More

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Answer in sociology of religion study

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How will you place religion in the overall social theory of Karl Marx?

Course: ma sociology.

According to Marx, Religion is an expression of material realities and economic injustice. Thus, problems in religion are ultimately problems in society. Religion is not the disease, but merely a symptom. It is used by oppressors to make people feel ... More

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Courses list

What are Central or Basic Problems of an Economy?

How Managerial Economics is an Integral Part of Business Activity?

What should the decision maker needs to keep in mind while collecting and selecting data on the relevant variables?

Value Maximization has become the Major Objective of a Modern Firm. Comment.

Managerial Economics serves as a link between traditional economics and decision sciences for the business decision-making. Explain.

Explain Functionalism as a Sociological Perspective.

What do understand by Tribal Cosmology?

Describe Religion as Superstructure according to Karl Marx.

Discuss Religion as an Instrument of Oppression according to Karl Marx.

How will you place religion in the overall social theory of Karl Marx?

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