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The Major Field Test for Master of Business Administration (MFT-MBA) is a national standardized exam administered in the United States at the end of MBA programs. It is a comprehensive exit exam . The MFT-MBA aims to assess skills, knowledge, and reasoning ability within the domain of standard MBA curriculum. [ 1 ]
Transformation problem: The transformation problem is the problem specific to Marxist economics, and not to economics in general, of finding a general rule by which to transform the values of commodities based on socially necessary labour time into the competitive prices of the marketplace. The essential difficulty is how to reconcile profit in ...
Furthermore, managerial economics provides the tools and techniques that allow managers to make the optimal decisions for any scenario. Some examples of the types of problems that the tools provided by managerial economics can answer are: The price and quantity of a good or service that a business should produce.
There are several basic questions that must be answered in order for an economy to run satisfactorily. The scarcity problem, for example, requires answers to basic questions, such as what to produce, how to produce it and who gets what is produced. An economic system is a way of answering these basic questions and different economic systems ...
Here are answers to some of the most common questions people have about saving, investing and growing their money. Is $50,000 in savings good? Yes, having $50,000 saved is an excellent financial ...
Serbiá has a master's degree in Financial Economics from Trinity College, Connecticut. He pursued an MBA with a specialization in Finance and also passed level I of the CFA exam. Serbiá is the author of the best-seller "Four steps to wealth", published by Santillana. He is also a Yahoo!
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