Question

In: Economics

What do you believe is the most challenging aspect of using the economic analysis workbook? Briefly...

What do you believe is the most challenging aspect of using the economic analysis workbook? Briefly describe the challenge and any suggestion you have to reduce the challenge. (one or two paragraphs).

Solutions

Expert Solution

ANSWER

  1. The accuracy , reliability , trustworthiness etc. can be easily achieved by utilizing a workbook . A business level manager must attempt to solve many complex business problems in his areas of responsibility . It will provide an instant reference to support the bsuiness decisions with workbook analysis to his team or collegues. The top executives may audit the performance of economic and financial department by using information from workbook.
  2. Any economic or financial decision maker may use workbook to prepare different set of competitive portfolioanalysis ( investments opportunities available in the marketplace) , calculating the key profit and loss ratios, working capital requirement in many challenging projects , economic analysis ( cost of business operations , net profit , earning per share , dividend payout etc.) and supporting the many critical decisions on day to day business operations.

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