CMA Foundation Fundamentals Of Economics And Management In this article, we will provide an overview of one of the CMA Foundation topics, Fundamentals of Economics and Management . Let's take a quick look at the subject. Meaning Economics is the study of how we work together to transform scarce resources into products and services in order to fulfill our natural desires. While several academics have characterized economics in various ways, the most commonly accepted definition is that it is the study of money. The research of how to get things done by and with the people involved in an operation is what management is all about. Fundamentals of Management is an introduction to management that explains how management plays a critical role in organizations since they need a high level of management to accomplish their goals and objectives. There are numerous writers who describe management from various viewpoints, and the best one is to think about understanding management. Top-
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