- 20 Marks
BMF – Nov 2022 – L1 – SB – Q6 – Basics of Business Finance and Financial Markets
This question focuses on macroeconomic concepts and techniques of operations research.
Question
A manager that wants to be successful in his or her business environment should be able to make use of the various business analyses and models to know which products and markets to retain or grow.
Required:
a. Explain briefly the concept of macroeconomics and state the THREE approaches that can be used to measure total economic activity during a given period of time. (10 Marks)
b. List and explain briefly FIVE operations research techniques. (10 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Economic Activity Measurement, Macroeconomics, Operations Research
- Level: Level 1
- Topic: Basics of Business Finance and Financial Markets
- Series: NOV 2022
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