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

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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

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