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Analysing a situation from an economic perspective is vital to work for engineering managers. Understanding the economics of a company, organisations or a project helps to make better decisions about the situation. Cowen, 2011 has described in his journal that “Economics is everywhere and understanding economics can help you make better decisions and lead a happier life”. There are plenty of theories and principles about the economics which can be used in the operation of organizations or companies. Game theory, the Solow model and Keynesian economics are few famous theories used in understanding the economic situations of an organisation. The purpose of this study is to analyse the internal economic environment of an engineering-related organisation. The main factors that affect the internal economy of an organisation are the organisation structure, culture and the business strategies or practices. These will be included in this case study.
The Telecommunication industry consists of vast range steps as designing, manufacturing and sales which again can vary from different businesses. When considering any product produced in the modern-day society it should be of high quality, durable, safer, affordable and environmentally friendly. The company used in this case study is a successful telecommunication company which has several businesses.

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I'm Lillian

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I'm Camille!

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