Thursday, April 23, 2020
Position Paper Topics For Managementship That Defines Profits
Position Paper Topics For Managementship That Defines ProfitsPosition papers are usually prepared with the assistance of experts in order to provide an explanation of a certain idea. The role of a firm's management in determining the fundamental value is attributed to the objective research of the experts. They will then provide a coherent justification of the analysis. Since this type of research is a careful combination of information from all the relevant factors, it provides one with the complete description of an economic system.Many managers' position paper topics for managerial economics to refer to the issue of 'how much of our productivity should be directed towards profit?' and therefore this is the first question that is asked. The answer to this question is quite clear: Profit is only one component of the overall performance of a firm. Its productivity is the one core function that all firms should fulfill.In the study of management this is considered to be the most impor tant principle, which is referred to as the basic difference between capital and labor. Capital is money that has not been used up yet. Labor is the money that has been used up. As long as a firm employs workers, it is performing its functions in order to maintain the wealth.The essence of this difference is that, while capital is tangible, labor is immaterial. It exists only in the perspective of the owner. For every worker a firm requires money to serve him/her, and there is no way to represent them in the economy.These facts cause issues when it comes to the management of the company and to the development of the productive function. A producer is only considered to be productive if the amount of the value that he/she contributes to the productivity of the firm. Without him/her being paid he/she does not exist, because his contribution to the production capacity is zero.This leads to another issue: the problem with the rate of exploitation of the productive function of the firm. If the firm employs many people and they do not make enough profit, it would imply that it should employ even more people. This would obviously lead to an increase in the use of the workers' time and to their exploitation. Their pay would be reduced to nothing.Position paper topics for managerial economics concerns the amount of exploitation that a firm can endure. The question of this paper is whether this exploitation will ultimately lead to a loss for the firm. This study is of vital importance because of the current global economic crisis that has hit every country.Management related issues can only be clarified by getting the opinion of the experts on the subject. All managers need to do is to learn to separate theory from practice. You cannot have one without the other.
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