QRB 501 WEEK 1 Discussion Questions

Discussion Questions Wk. 1

University of Phoenix

Quantitative Reasoning for Business

QRB/501

In management, how important is it to learn to use mathematics to solve problems?

How valuable is an MBA degree without the ability to identify and calculate the cost of

a company's capital, its return on investment, gross margin percentage, break-even

point, or what percent of a population would be willing to buy its product?

• When using the formula NI [U * (P-VCu)] - FC, in which order must you complete

the calculation? Why does the order of operations matter?

• What is an independent variable? What is a dependent? What is the relationship

between independent and dependent variables? What is the purpose of

differentiating these terms?

...