Economics · Managerial Decision Making Tools
Match the Managerial Objectives listed in LIST-I with the specific Economic Tools or Frameworks used to achieve them as described in LIST-II: LIST-I (Managerial Objective) A. Cost Management B. Investment Appraisal C. Demand Forecasting D. Risk Management LIST-II (Economic Tool/Framework) I. Sensitivity and break-even analysis II. Analysis of economies of scale and cost behaviour III. Net Present Value (NPV) and Internal Rate of Return (IRR) IV. Production planning and inventory management Choose the correct answer from the options given below:
- 1A-III, B-I, C-IV, D-II
- 2A-III, B-II, C-IV, D-I
- 3A-II, B-IV, C-III, D-I
- 4A-II, B-III, C-IV, D-I✓
Correct answer
A-II, B-III, C-IV, D-I
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