Can be described as branch of economics that does apply microeconomic examination to particular business decisions. It links economic theory and economics in practice. Bureaucratic economics offers a set of tools, tactics, methodologies, direction and information that can help in making better and value-adding decisions in business and then for analyzing decision problems and developing standards for choosing the perfect solution to concerns. Consumer Actions are the study of how individuals, organizations, and companies select, purchase, use and dispose of merchandise, services, tips, or experiences to satisfy their needs and wants (Kottler, L; Keller, E. L. 2009) Consumer Actions Referred to as study regarding when, so why, how, exactly where and what folks do or perhaps do not order items. It blends elements by psychology, sociology, social, and anthropology and economics. it attempts to know the buyer decision making process,..
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