Reference no: EM132081665

Objective: Apply elementary mathematical concepts and quantitative methods in business decision making under certainty.

Create a context: Introduce a real-world business situation or an imagined business scenario that may benefit from the "math" presented in the prior two weeks (Weeks 1 and 2 - see the objective stated in bold above). While creating the context, ask yourself: What business use cases may benefit from the quantitative methods offered last week and this week? Basi algebraic numbers, binary operations, integral exponents, equations, functions, or derivates. Pick one. You can use Google or other search tools, or your own workplace experience, to create the context.

Show with examples how the "math" or quantitative methodology introduced in the prior two weeks relate to the business use case you introduced. (e.g., does the math/methodology help to resolve a business problem?) Be specific in your description of how you can use the quantitative information in connection with the business case (your context) you described. Give examples. Use technical terminology when necessary.

Reflect on your learning by answering these questions: What changes have you observed in your own learning or knowledge of math/quantitative methods as a result of the topics introduced in Weeks 1 and 2 of this course? What did you find most valuable or useful for your MBA education and/or your current/future career? (As you articulate your thoughts for Part 3, be original: Do not repeat the business context or situation you described in Parts 1 and 2.