Quantitative Methods: Mathematics for Business

This clearly written and engaging textbook equips readers with the essential numerical skills needed to succeed both in the study of business and in the real world of work. Concise and accessible, it revises key areas such as decimals, fractions and percentages, before moving on to apply these directly in for example interest calculations, discounts and salaries. Building its reader's skills and confidence, the coverage moves from simple arithmetic to quantitative and statistical tools, teaching students how to present, summarize and communicate data in a persuasive way to decision makers. Throughout, the book illustrates how these fundamental mathematical techniques and operations can be used to solve business problems and make informed decisions in real business environments. With a wealth of approachable examples and practical applied exercises, this textbook encourages interactive learning. Embedded and end-of-chapter review questions then reinforce that learning. Some practice sections come with answers to support self-study, while others can be used by lecturers to test students' progress. There are also practice exam papers, and exam papers for lecturers to set. Approachable and practical, this textbook is an essential companion for undergraduate and FE students on business and management courses. It is also an ideal text for students of all levels wanting to refresh their numerical skills in a business context. Mark Cleary is a Senior Lecturer in Business at Anglia Ruskin University London. He has published in economics, financial markets and international business. He has been a senior examiner for professional bodies and external examiner for several universities. As well as being an academic, Mark works as a practising investment economist for a large multinational insurance company. Jas Naidoo is a lecturer in Business and Management at Anglia Ruskin University London. His specialist subjects include Management, Strategic Management and Marketing and he has 29 years' lecturing experience. Introduction.- 1. Arithmetic Operations and Rounding.- 2. Fractions.- 3. Decimals.- 4. Test Your Knowledge.- 5. Wages, Salaries, Taxes, Commission, Discounts and Depreciation.- 6. Interest Calculations and Foreign Exchange.- 7. Test Your Knowledge.- 8. Tables, Graphs and Diagrams.- 9. Creating Information and Measures of Centrality.- 10. Test Your Knowledge.- 11. Drawing Charts Using Excel.- 12. Answers to Practice Questions.