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Title: Managerial Economics and Organizational Architecture (Irwin Series in Economics) by Clifford W., Jr Smith, Jerold L. Zimmerman, James A., PH.D. Brickley ISBN: 0-256-15825-8 Publisher: McGraw-Hill/Irwin Pub. Date: January, 1997 Format: Hardcover Volumes: 1 List Price(USD): $90.20 |
Average Customer Rating: 4.12 (8 reviews)
Rating: 4
Summary: Healthy Concepts
Comment: I just loved the way each chapter started with a scenario from the history archives of actual firms that narrated a story which was directly linked to the contents of the chapter. Out of all the books that i read for my MBA, this book has been one of the better Management books, which i enjoyed reading. The ideas, theories and concepts in the book felt like eating a salad for lunch. It was light, easy to digest and healthy
Rating: 5
Summary: Great Economics Text for Managers
Comment: Great overview of economics. Good for managers who want to know how to read economic forces, react to them, and how to use them.
Rating: 5
Summary: An outstanding all-in-one guide to business management
Comment: Besides being a well organized and example-packed textbook, I found Managerial Economics and Organizational Architecture to be a compact MBA refresher course -- and a useful reference for day-to-day problems. Thinking about business organizations as rational individuals responding to incentives and new information simply fits the facts. The three basic elements developed in this book allow managers to translate this logical thinking into operational decisions: allocating decision rights, measuring performance, and compensating individuals and groups. The power of this approach in analyzing common management problems equips the reader with a rich set of tools for identifying and solving them.
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