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Report No. 1.Economics, management11. the meaning and importance of Economics management.Economics is the application of knowledge between knowledge of Economics is the study of subjects about resource allocation in order to use the limited needs of humans are not limited to, get satisfaction, or the maximum utility and management knowledge is a tool used in the decision making of the Executive or Manager to the company or organization get maximum profit together. To analyze the best answer to resolve a problem or to apply the decision of the Executive Government of the private and business sectors, so that the Administration can continue to be defined.2. the role of business economics, operations management.The goal of the business operation, it may be different, especially in the short term that is mainly focused on a subject which most such goals may be different in each business sector. Some businesses might want to make the highest profit, sales. Want to grow your business, want to market share or even the organizations that profit, it is not intended as a target value and service to others. Business goals are divided into.1. the maximum prosperity is the goal of the owners of the profitable long term maximum.2. the highest sales. Targeted to business in the form of a top sale is usually located under the condition of low profits or profit in the short term at least business is acceptable. 3. growth, most of the business is that the business of growing sales and profits growing rates of the most. This is just like target, which create wealth business.4. values and the best management is the goal of the Government which is non-profit, but hope to get the value and best management so that users receive maximum satisfaction under limited budgets, such as hospitals. Want to provide services to the public with valuable public service.But to make it into a management goal requires good and basic principles in this economics, management, it has a role in management. As follows:1. identify the goals and objectives clearly because the target that you want to target, what to bring to the practice, or to perform different tasks based on each target.
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