Self-reflection in relation to QRB
The objective of this assignment is to write a self-reflective paper in which I will be discussing how taking the QRB course will prepare me for future courses in Economics, Finance, Accounting, Operations and Research.
To get a better understanding of the concepts that will be covered in the QRB course we were referred to a document that is an overview of some questions manager face regularly. In addition this document emphasizes on various type of reasoning tools and skills, illustrating how this course will sharpen our skills as future managers. Many students do not learn sophisticated math skills, but all should be able to use simple math tools to reason - to understand, interpret critique, debunk, challenge, explicate, and draw conclusions. In short, college graduates should be able to evaluate the crush of quantitative data modern life throws at all literate citizens. Davidson, M., & McKinney, G. (n.d.). Retrieved December 15, 2008, from Western Washington University Web site.
For example, setting a baseline and comparing our performance against it, being able to effectively use the data from past years to calculate and predict the forecast for future sale, setting a criteria or borderline for drop in sales before looking into personnel changes, being able to identify if a the process is out of control and being able to effectively balance risk and return with our investment choices with definitely help me with my career as a manager.
This course not only teaches the mathematical and analytical skills but also uses graphs and charts to help understand the problem and solution visibly. This is critical for someone like me who learns more quickly with visual aids instead of just looking at the mathematical equations.
According to the Mathematics Association of America (MAA), the basic skills and capabilities in Quantitative Reasoning should be established for all students who receive a...