Quantitative Reasoning

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Category: Business and Industry

Date Submitted: 07/25/2010 05:26 PM

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Quantitative Reasoning for Business

The objective of this assignment is to write a self-reflection paper discussing the benefits of taking Quantitative Reasoning for Business (QRB) course. A review of the QRB document lists many of the challenges that a manager faces regularly, and the skills that they need to apply the tools. The knowledge of QRB is essential in the overall development of analytical skills as a manager and applies the tools necessary to make business decisions. The QRB course will also help prepare for future courses in economics, finance, accounting, and research by providing the fundamentals needed to apply to each class thereafter.

Self-Reflection

In looking at all the mathematical equations and the formulas, probability calculation and forecasting tools, it has given me an outlook at what I will have to deal within future courses, and how the tools will help me in the business world. I believe that the QRB course will offer a variety of aspects as it relates to the business world. The QRB course will teach me the skills needed to run a business and make managerial decisions to help the business make a profit and continue to grow. The QRB course will also assist me in problem solving and how the outcome of one decision will affect everyone, no matter what level of position is held within an organization. The QRB course will help me understand in greater deal the formulas and variables businesses use to measure success. I believe that by taking the QRB course first, it will allow me to begin thinking in a more business like manner. The QRB course will help me absorb the entry level knowledge needed to understand economics, finance, accounting, and research. In order to be successful at any of these courses, I must first have knowledge of what they involve. I believe that the QRB course will just do that.

Summary and Conclusions

In the first four weeks of this class I have learned the importance of analyzing qualitative...