Running Head: SELF REFLECTION REGARDING
Self Reflection Regarding Quantitative Reasoning for Business
This paper will reflect on my vision of the Quantitative Reasoning for Business Overview class (QRB) and the affects it will have on my future classes at the University of Phoenix. The core competencies provided by the curriculum of the QRB will provide support for several of the other classes incorporated into the University of Phoenix MBA. I’ll be able to apply them in economics, accounting, finance, operations and research. Not having much experience in business this foundation will be very important.
Quantitative Reasoning for Business (QRB) course will provide many of the tools needed by mid-level managers. These tools will all be new to me as I haven’t had formal training in using them. I can only assume that the theory behind the tools will be familiar and there may be some similarity in these tools and the tools I have used throughout my career. Establishing some formal training and education using these tool will allow my to more confidently manage future endeavors.
The fact that most of the tools included in QRB will include mathematical formulas brings some fear to me. After reading through them and playing with some there appears to be some that will test my math skills but a lot of them appear to be fairly simple formulas and once memorized or made easily available for reference it should not be an issue.
I think the transition from middle management to senior management is a lot larger than what I definitely used to think it was. The financial decisions that are made at the senior levels of management is what makes or breaks a lot of projects and/or cash flow for companies that aren’t that large. The formulas presented during the QRB are tools to help ensure that we as managers make the right decisions.
I’m looking very forward to seeing how they actually translate into real life...