Micro Theorists Flashcards
1
Q
What is the theorist for sales maximisation
A
Robin Marris which states managers aim to maximise the growth of their company above any other objective.
Increased market share - increased growth
2
Q
Creative destruction
A
This is the idea that when an innovative, efficient production or industry evolves, this leads to growth in the new sector etc but death to the old way - could structurally unemploy staff etc