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Practical connection assignment, Assignments of Managerial Economics

Practical Connection Assignment At UC, it is a priority that students are provided with strong educational programs and courses that allow them to be servant-leaders in their disciplines and communities, linking research with practice and knowledge with ethical decision-making. This assignment is a written assignment where students will demonstrate how this course research has connected and put into practice within their own career. Assignment: Provide a reflection of at least 500 words (or 2 p

Typology: Assignments

2019/2020

Available from 04/04/2023

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Runningh head: Practical Connection Assignment 1
Executive Program Practical Connection Assignment
Student Name: Dipen Vijaykumar Patel
Student ID: 03039581
University of the Cumberlands
Prof. Dr. Daniel Kanyam
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Runningh head: Practical Connection Assignment 1 Executive Program Practical Connection Assignment Student Name: Dipen Vijaykumar Patel Student ID: 03039581 University of the Cumberlands Prof. Dr. Daniel Kanyam

PRACTICAL CONNECTION ASSIGNMENT 2

Radio frequency engineer is most aspiring career. And under this career the most interesting profile is the radio frequency manager is what I admire the most. I have studied managerial economics. This subject has given me a lot of theoretical knowledge about almost all-important areas which I feel is very important to become more intellectual and knowledgeable to get closer to my dream job. The subject has widened my knowledge in varies and made me capable in analyzing the production and the doing the cost analysis, forecasting the demand and also the most important theory which this subject has provided is the knowledge to make decision. This course helped me is a discipline that integrates economic theory with managerial practice to facilitate decision making and planning by management. As the job profile of radio frequency engineer, I am very aware of its responsibility that is to understand the demands and what actually the customer demand is and according to the evolving specification get the most effective RF to do an optimization the Performance of Existing Wireless Networks it in the most effective way. In managerial economics the demand analysis is well taught to us, it has detailed us with fact that demand estimation is very necessary and is the only way to make a huge profit and ensure more safety of the product in the market, it help us in enhancing the market position. Thus, I think it will very helpful in applying the concept in the practical field. The theory which I have imbibed from my course of making the huge profit, by properly using the technology, labor, money and most important space.it has taught us how a particular firm can make a huge amount of profit by involving risk and proper planning of capital and al the most important is the implementation part. All these knowledges have been explained by elaborating huge theories related to it. In real and practical life, how far this theory will support is difficult to say but I feel that this knowledge will be quite useful for this profile. The planning is very important in this field because after analyzing the demand the most important is to communicate the same to the engineers. The engineers are required to