Theories of the firm - neoclassical and managerial decision making

Seminar paper from the year 2004 in the subject Economics - Macro-economics, general, grade: 1,6, University of Wales, Newport,, course: Course Title: Decision Making (B.Sc. Business Undergraduate Programme), language: English, abstract: For a long time, economists have seen the firm as a black box, arguing that firms maximise profits. Without following this ultimate goal, economists say that orga...