Marcia L. Griffin
November 24, 2008
The methods taught in Quantitative Reasoning will be used in all aspects of business from a management standpoint. The better prepared I am in learning and applying this knowledge, the more successful I will be as a manager. I struggled all my life with math and courses that were heavy math, until Business Math in undergraduate, at Bowling Green State University. I discovered that in order for me to succeed with anything related to mathematics I have to study everyday. Study and review it everyday, even if I do not have any assignments. I received a “B” in the course, my first “B” in any math course. I missed the “A” because of the “B” on my fraction review test. I think somewhere during my early education, I never grasped some math concepts. I truly believe that only certain people are very good at numbers and everyone else has to work really hard to do mediocre. The reasons that I did so well were constant review and preparation as well as my ability to memorize formulas. Once I see the picture and can put the information in a formula and apply it, I do fine. I have confidence I will do the same in the QRB course.
The use of Quantitative Reasoning as it pertains to economics will help me better understand how the economy affects business, as we see it is today. Many decisions to expand a business or hire more employees are based on what is taking place economically. In finance courses, a company can make sound business decisions if the business has a clear understanding of their financial reports. All businesses should have access to a good accountant. As a manager, I will always remember the instructor stating, that the manager should have a working knowledge of balance sheets, income statements as well as other reports so I know what is going on in an organization. Accounting really did not make a lot of sense to me, because I was not given an opportunity to apply it. The concepts...