WHO IS A BUSINESS ECONOMIST?
Business economists research, collect information and evaluate the business economic aspects that influence the growth and development of the organization. They are directly answerable to the top management and act in an advisory capacity. They are then known as business economic advisors.
ROLE OF BUSINESS ECONOMIST:-
1) To bring reasonable profit to the company
2) To study external and internal factors influencing the business
3) To make accurate forecast
4) To establish and maintain contact with individual and data sources.
5) To keep the management informed of all the possible economic trends.
6) To participate in public debates.
7) To earn full status in the business team.
8) Assisting the management towards facilitating effective decision making and forward planning.
ROLE OF BUSINESS ECONOMIST:-
1) To bring reasonable profit to the company
2) To study external and internal factors influencing the business
3) To make accurate forecast
4) To establish and maintain contact with individual and data sources.
5) To keep the management informed of all the possible economic trends.
6) To participate in public debates.
7) To earn full status in the business team.
8) Assisting the management towards facilitating effective decision making and forward planning.
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