Synopses & Reviews
This volume provides academics and professionals in business with an overview of business economics. Joyce utilizes economic theory to explain how a company functions, and draws upon the experience of modern firms to describe their operations. Topics covered include: different types of firms that exist in our economy, the different ways that a firm can grow and the limits of expansion, an analysis of various organizational forms, an economic analysis of marketing decisions and models, the process of strategic planning, special features of foreign operations, how firms raise funds, the record of mergers in the United States, the use of forecasts and their techniques, the impact of public policies and the need for business regulation, and failure, bankruptcy, and reorganization.
Review
Joyce (Wellesley College and The Center For International Affairs of Harvard) presents a primer on general business activities. The author's goal is to provide an overview of business activities and to that end he discusses a wide variety of topics from business formation to business failures and reorganizations including marketing, foreign operations, financial analysis, and forecasting. Joyce also considers public policy and the economic environment in which business units operate. The coverage varies from a simplistic introductory analysis of a subject to the inclusion of more technical data, such as formulas for present value and some econometric modeling. An excellent bibliography guides interested readers to more detailed discussion of a particular topic. A useful volume for undergraduates and general readers.Choice
About the Author
JOSEPH P. JOYCE is Assistant Professor at Wellesley college, and Affiliate of the Center for International Affairs of Harvard University. His research has appeared in the Quarterly Review of Economics and Business the Quarterly Journal of Business and Economics, and other journals. College.
Table of Contents
Enterprises and Goals
Growth and Expansion
Organization and Administration
Marketing
Strategy
Foreign Operations
Finance
Mergers and Acquisitions
Forecasts
Public Policies and Civil Duties
Failure and Reorganization