With two distinct objectives, this text's approach to managerial economics takes models from recent economics research and applies the research to the internal structure of a firm. After teaching basic applied economics, the authors look inside the firm and apply this analysis to management decision making. Authors Brickley, Smith, and Zimmerman contend that organizational architecture consists of three aspects of corporate organization: the assignment of decision rights within the company; methods of rewarding individuals; and, the structure of systems to evaluate the performance of both individuals and business units. These three components can be likened to a stool with three legs. If one of the legs is shorter, the stool is out of balance. These three elements must be in balance in the organization as well.

Managerial Economics and Organizational Architecture

Business & Money

Clifford W. Smith

Jerold L. Zimmerman

James A. Brickley

Economics

Irwin Professional Publishing

"Accounting for Decision Making and Control" by Jerry Zimmerman continues to grow in popularity with instructors due to its emphasis on teaching students to critically evaluate and solve actual business problems. Zimmerman is able to achieve this through: strong conceptual framework; business orientation focusing on how organizations work; balance between concepts and practice; and strongest problem material available.

Accounting for Decision Making and Control

Irwin Professional_Pub

Accounting for Decision Making and Control 7th (Seventh) Edition byZimmerman

Management & Leadership

McGraw/Hill/Irwin

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Books by Jerold L. Zimmerman