Business Economics-Industrial Organization a Study on Uttar Kannada Karnataka State

International Journal of Economics and Management Studies

© 2016 by SSRG - IJEMS Journal

Volume 3 Issue 8

Year of Publication : 2016

Authors : Vidya D Nayak

10.14445/23939125/IJEMS-V3I5P111

How to Cite?

Vidya D Nayak, "Business Economics-Industrial Organization a Study on Uttar Kannada Karnataka State," SSRG International Journal of Economics and Management Studies, vol. 3,  no. 8, pp. ):23-31, 2016. Crossref, https://doi.org/10.14445/23939125/IJEMS-V3I5P111

Abstract:

Business economics is a field in applied economics which uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms with labour, capital and product markets. A professional focus of the journal Business Economics has been expressed as providing "practical information for people who apply economics in their jobs. An overview of industrial organization, such as measures of competition and the size-concentration of firms in an industry. A second approach uses microeconomic models to explain internal firm organization and market strategy, which includes internal research and development along with issues of internal reorganization and renewal. A third aspect is oriented to public policy as to regulation. Antitrust, and, more generally, the economic governance of law in defining property rights, enforcing contracts, and providing organizational infrastructure. The top managers' perceptions of the market structure and the firm's strengths and weaknesses jointly determine their choice of corporate strategy (its long-run plan for profit maximization) and organizational structure (the internal allocation of tasks, decision rules, and procedures for appraisal and reward, selected for the best pursuit of that strategy). Both corporate strategy and organizational structure influence the economic performance of the firm and the market in which it sells. Market Structure, Firm Strategy, and Market Performance, Firm Objectives, Organization, and Behavior, Non-profit organizations and Public enterprise ,Antitrust Issues and Policies, Regulation and policy. Industry Studies: Manufacturing, Primary Products and Construction, Services, Transportation and Utilities. The common market structures studied in this article: competition, Monopolistic, Duopoly, Oligopoly, Oligopsony,Monopoly, Monopsony. Industrial organization investigates the outcomes of these market structures in environments with: Price, Product, goods, Experience, Secondary, which can affect the behaviour of firms in primary markets. Signaling, such as warranties and advertising, Mergers.

Keywords:

 Business economics, Industrial organization and Market structure.

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