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Executive Economics: Ten Tools for Business Decision Makers by Shlomo Maital (En
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- Buy It NowExecutive Economics: Ten Tools for Business Decision Makers by Shlomo Maital (En
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Located in: Fairfield, Ohio, United States
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eBay item number:386075567272
Item specifics
- Condition
- ISBN-13
- 9781451631593
- Type
- NA
- Publication Name
- NA
- ISBN
- 9781451631593
- Book Title
- Executive Economics : Ten Tools for Business Decision Makers
- Item Length
- 9 in
- Publisher
- Free Press
- Publication Year
- 2011
- Format
- Trade Paperback
- Language
- English
- Item Height
- 0.8 in
- Genre
- Business & Economics
- Topic
- Leadership, Industrial Management, Economics / General, Management
- Item Width
- 6 in
- Item Weight
- 13.1 Oz
- Number of Pages
- 286 Pages
About this product
Product Information
What do economists know that business executives find useful? Economics ought to be indispensable for business decision-makers because it deals with the issues executives face daily: what to pro duce, how and how much, at what price, how best to use resources (time, labor, capital), how to understand markets. Why, then, do managers often think that economists' theories are ivory-tower and impractical? Perhaps because most economics texts are mystifying, jargon-rid den, and written from every perspective except that of the line manager. In Executive Economics: Ten Essential Tools for Managers, Shlomo Maital brings economics down to earth, back to the hard day-to-day decisions that executives have to make. He shows how all decisions can be organized around two key questions: What is it worth? What must I give up to get it? Answering these questions depends upon finding and maintaining the right relation in the "triangle of profit" -- cost, price, and value. Each of Executive Economics ten chapters focuses on one or more legs of the triangle of profit, defines a decision tool, and illustrates how it can be used to improve the quality of executive decisions. Drawing on recent examples from both Fortune 500 firms and smaller companies, Maital shows why economics main contribution is to deepen executives' understanding of the structure of their costs, and to explain why some of a business's highest expenses are those that never appear on a check stub or in a profit-and-loss statement. Executive Economics is written for executives, about executives, and by an author who has both taught executives at MIT's Sloan School of Management for over a decade and served as a consultant to small and large businesses. It is must reading for executives who need simple, effective decision-making tools to give them an edge in today's competitive global economy.
Product Identifiers
Publisher
Free Press
ISBN-10
1451631596
ISBN-13
9781451631593
eBay Product ID (ePID)
99528733
Product Key Features
Book Title
Executive Economics : Ten Tools for Business Decision Makers
Format
Trade Paperback
Language
English
Topic
Leadership, Industrial Management, Economics / General, Management
Publication Year
2011
Genre
Business & Economics
Number of Pages
286 Pages
Dimensions
Item Length
9 in
Item Height
0.8 in
Item Width
6 in
Item Weight
13.1 Oz
Additional Product Features
Intended Audience
Trade
Reviews
Charles B. HousenCEO, Erving Industries, Inc.Maital has forced me back to my undergraduate days where my economics studies dominated, but I now realize how important those theories are to making my decisions successful.Executive Economicsis refreshing and supportive of important executive decision-making techniques and I recommend it as an excellent economic primer., Lester C. ThurlowFor almost a decade, Shlomo Maital has been a superb teacher in MIT's executive education program. Anyone reading this book will also give him superb ratings. The reading is fun, the information is accessible, and the reader will go away both wiser and a better business person., A. George Schillinger Polytechnic UniversityShlomo Maital brings economics to life, and leaves executives with insights and decision tools that would be difficult to acquire as rapidly and with as much pleasure elsewhere. He does this in part by using a wealth of striking and instructive historical examples to make his concepts clear., Charles B. Housen CEO, Erving Industries, Inc. Maital has forced me back to my undergraduate days where my economics studies dominated, but I now realize how important those theories are to making my decisions successful. Executive Economics is refreshing and supportive of important executive decision-making techniques and I recommend it as an excellent economic primer.
Table of Content
Preface 1. Cost, Value, Price: Three Pillars of Profit 2. Hidden Costs 3. Tradeoffs: Pain versus Gain 4. Do You Know Where Your Costs Are? 5. People, Knowledge, and/or Machines 6. From Volume to Variety 7. Racing Down the Learning Curve 8. Markets and Demand: How to Listen to Your Customer 9. Calculated Risks 10. Competing by Cooperating Notes Acknowledgments Index
Dewey Decimal
338.5/024658
Dewey Edition
20
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