الرحيم الله١لرحمن بسم 9/21/20151 1. HABIBUL ISLAM HAMDU BBA Student Session – July to December 2013 Department of Marketing, HUB. 9/21/20152.

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Presentation transcript:

الرحيم الله١لرحمن بسم 9/21/

HABIBUL ISLAM HAMDU BBA Student Session – July to December 2013 Department of Marketing, HUB. 9/21/20152

IMPORTANTS OF BUSINESS MATHEMATICS AND ITS APPLICATION. 9/21/20153

The Presentation consist of two chapter, as follows : (i) Chapter – 1: Introduction (ii) Chapter – 2: Business Application. 9/21/20154

5 Business mathematics is 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.

The Importance of Mathematics In Business Mathematics plays an important role in our every day life, for example we have to be able to calculate the discount in a shopping mall, the interest when we get a loan from the bank, when we change money into a different currency, just to make sure we are not being taken advantage of, calculate the score in a class exam or our car mileage, all these to make our life easier. Mathematics is used in some of the top jobs such as business consultants, computer consultants, company directors; these jobs require a solid understanding of basic mathematics and in some cases require a quite detailed knowledge of mathematics. ''Business management requires a basic knowledge of mathematics to record and manage business operations like: elementary arithmetic such as fractions and percentages, algebra, statistics and probability as well as by using more advanced mathematics like calculus, matrix algebra and linear programming'' 9/21/20156

7 Problem: Solve

Given : =› 9/21/

=› Either, x-a=0 or, =›X=a =› The required solution are 9/21/20159

Any Question or Suggestions please? 9/21/201510

THANKS TO All May Allah Bless Us all THANKS TO All May Allah Bless Us all 9/21/201511

9/21/201512