INTRODUCTION TO MANAGEMENT
ELEKTRA PRODUCTS, INC.
Info from the Case Study
a manufacturing vice president,
walked into the monthly
with a light step and
FACULTY OF MANAGEMENT AND HUMAN RESOURCE DEVELOPMENT
UNIVERSITI TEKNOLOGI MALAYSIA
SEMESTER I 2011/2012/
SEMESTER I 2012/2013
Generally speaking, the demand for luxury goods is
Fundamental Economic Problem
Scarcity is defined
as our inability to
satisfy all our wants : our needs and
wants are limited compared to our
time and income.
choices among alternatives
the social science that studies the choice
Making and Using Graphs
A. Basic Idea
A graph presents a quantity as a distance.
The vertical axis is the y-axis and horizontal
axis is the x-axis.
B. Interpreting Data Graphs
1. Scatter Diagram graphs the value of one variable
against the value of a
PERANAN NGO ISLAM DALAM MEMPERJUANGKAN NASIB
UMAT ISLAM MINORITI SERANTAU
Nurhidayah Binti Abu Hashim & Nurul Jannah Binti Mohd Ghani
Universiti Teknologi Malaysia
Peranan NGO islam sememangnya telah mendapat perhatian masyaraka
DEMAND, SUPPLY AND MARKET
The quantity demanded of any good or service or resource
is the amount people are willing and able to pay during a
specified period at a specified price.
Measure of quantity demanded = amount per unit of time.
e.g. 23 litr
Price elasticity of demand
the measure of the extent to which quantity
demanded of a good changes when the price of
the good changes and all other factors remain
measure of the responsiveness/sensitivity of the
quantity demanded to a