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The Art of Mathematics in Business: Analyzing Facts and Figures for Smart Business Decisions
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About this ebook
The Art of Mathematics in Business provides managers and entrepreneurs with
the information, analysis, and insights necessary to analyze and calculate the
consequences of a wide range of business financial strategies and problems. The
ability to select the right operational technique is vital if the business is to survive,
profit, and grow in today’s uncertain economic environment. The manager and
entrepreneur of a business must be able to make the right financial decision based
on sound mathematical reasoning in order to run the business efficiently. He or she
must understand the problem, and then apply math skills to solve it.
This book is a comprehensive, one-stop desk reference for managers and owners
of businesses who must use quantitative calculations to make daily operating and
investing decisions. Its purpose is to provide the fundamentals of business math
techniques that can be quickly applied to real-word problems. This unique resource
will save countless hours of research time by making sound financial planning truly
easy. It provides analyses as well as clear and understandable explanations of complex
business problems. Basic mathematical techniques are presented in a step-by-step
fashion that takes the reader through each stage of the problem-solving process.
The examples in this book provide an invaluable and effective operating tool. This
book also contains user-friendly personal computer techniques. The examples
enable the businessperson to measure results and to report the data in an easy-to-understand
format.
the information, analysis, and insights necessary to analyze and calculate the
consequences of a wide range of business financial strategies and problems. The
ability to select the right operational technique is vital if the business is to survive,
profit, and grow in today’s uncertain economic environment. The manager and
entrepreneur of a business must be able to make the right financial decision based
on sound mathematical reasoning in order to run the business efficiently. He or she
must understand the problem, and then apply math skills to solve it.
This book is a comprehensive, one-stop desk reference for managers and owners
of businesses who must use quantitative calculations to make daily operating and
investing decisions. Its purpose is to provide the fundamentals of business math
techniques that can be quickly applied to real-word problems. This unique resource
will save countless hours of research time by making sound financial planning truly
easy. It provides analyses as well as clear and understandable explanations of complex
business problems. Basic mathematical techniques are presented in a step-by-step
fashion that takes the reader through each stage of the problem-solving process.
The examples in this book provide an invaluable and effective operating tool. This
book also contains user-friendly personal computer techniques. The examples
enable the businessperson to measure results and to report the data in an easy-to-understand
format.
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Author
Dr Jae K Shim
Dr. Jae K. Shim is a professor of accounting and finance at California State University, Long Beach and CEO of Delta Consulting Company, a financial consulting and training firm. Dr. Shim received his M.B.A. and Ph.D. degrees from the University of California at Berkeley (Haas School of Business). Dr. Shim has been a consultant to commercial and nonprofit organizations for over 30 years.
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