There are many uses of mathematics in businesses.
Share market is one use so if it has good mathematical statistics then it is a good company to invest in. Profits and losses is another mathematical operation. Also how much salary and other benefits like compensation, commission etc is decided by mathematical operations. Finding out how much money a company makes, interest and all that is through use of mathematics.
Hope this is good enough
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role of mathematics and statistics in business decision making
Important of business mathematics Business math helps improve statistical formula. It formulates term of currency exchange between a country. Business math creates awareness.
the presentation of the valve of the business in figure form
It enables students to interact with numbers.
Business management requires a degree of mathematics knowledge. The math required often deals with proper accounting.
we use discrete mathematics in industry and business
Business maths are mathematics used by commercial enterprises to record and manage business operations. Commercial organizations use mathematics in accounting, inventory management, marketing, sales forecasting, and financial analysis. Mathematics typically used in commerce includes elementary arithmetic, elementary algebra, statistics and probability. Business management can be made more effective in some cases by use of more advanced mathematics such as calculus, matrix algebra and linear programming.
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role of mathematics and statistics in business decision making
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Important of business mathematics Business math helps improve statistical formula. It formulates term of currency exchange between a country. Business math creates awareness.
the presentation of the valve of the business in figure form
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