This subject provides the basis for nearly all government policies in our economic system. For instance, government’s budgets rest in part on an analysis of the needs and desires of the people and on the availability of revenues to meet those needs. The cost of needs has to be equated to probable revenues and this is a field where proper research is most needed. By studying this subject we can devise alternative policies and can as well as examine the consequences of each of these alternatives. Our custom term paper is designed for every variant of customer.

Government has to chalk out programmes for dealing with all facets of the country’s existence and most of these will be related directly or indirectly to economic conditions. The plight of cultivators, the problems of big and small business and industry, working conditions, trade union activities, the problems of distribution, even the size and nature of defense services are matters that requires studying this subject. Another area in government where research in this subject is necessary is collecting information on the economic and social structure of the nation. Such information indicates what is happening in the economy and what changes are taking place.

Collecting such information is by no means a routine task, but it involves a variety of research problems. These days nearly all governments maintain large staff of research technicians or experts to carry on this work. Thus in the context of government, this subject has three distinct phases of operation, viz. a) investigation of economic structure through continual compilation of facts; b) diagnosis of events that are taking place and the analysis of forces underlying them and c) the prognosis, i.e. the prediction of future developments. We serve every client with our custom term papers in every field.

This subject has its special significance in solving various operational and planning problems of business and industry. Operations research and market research, along with motivational research, are considered crucial and their results assist, in more than one way, in taking business decisions. Market research is the investigation of the structure and development of a market for the purpose of formulating efficient policies for purchasing, production and sales. Operation research refers to the application of mathematical, logical and analytical techniques to the solution of business problems of cost minimization or of profit maximization or what can be treated as optimization problems. Write my term paper essay is heard from all of our customers at regular intervals.

Motivational research of determining why people behave as they do is mainly concerned with market characteristics. In other words, it is concerned with the determination of motivations underlying the consumer behavior. All these are of great help to people in business and industry who are responsible for taking business decisions.

Thus studying this subject replaces intuitive business decisions by more logical and scientific decisions. Our cheap term paper caters to all pockets of very dimension.