In management, how important is it to learn to use mathematics to solve problems?
How valuable is an MBA degree without the ability to identify and calculate the cost of
a company’s capital, its return on investment, gross margin percentage, break-even
point, or what percent of a population would be willing to buy its product?
• When using the formula NI = [U * (P-VCu)] - FC, in which order must you complete
the calculation? Why does the order of operations matter?
• What is an independent variable? What is a dependent? What is the relationship
between independent and dependent variables? What is the purpose of
differentiating these terms?
QRB 501 WEEK 1 Discussion