Quantitative Methods for Business and Management An Entrepreneurial Perspective 1st edition by Stuart Wall, Chris Mitchell, Claire Coday ISBN 0273770619 9780273770619
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ISBN 10: 0273770619
ISBN 13: 9780273770619
Author: Stuart Wall, Chris Mitchell, Claire Coday
This engaging introduction shows how quantitative techniques can be used to analyse the internal and external environments in which businesses and organisations operate, with a contemporary focus on business start-up, enterprise and entrepreneurial skills. Each chapter: Applies a range of quantitative techniques to business decisions at all stages of the product life cycle Focuses upon a particular business sector or sectors, including IT, retail sales, financial services, tourism, biotechnology, pharmaceuticals, leisure, entertainment and other sectors of a modern economy Explores numerous real world applications, providing many opportunities for student interaction with the topic Quantitative Methods for Business and Management is perfect for any business and management undergraduate taking a first course in quantitative methods or its equivalent. It will also be ideal for those seeking to develop quantitative skills in a range of taught master’s degrees. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you’ll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.
Quantitative Methods for Business and Management An Entrepreneurial Perspective 1st Table of contents:
Part One Introduction stage of product life cycle
Chapter 1 Collecting and presenting data
Introduction
Collection of data
Presenting data using frequency tables
Presenting data using bar charts and pie charts
Presenting data using histograms
Presenting data using frequency polygons and frequency curves
Presenting data using the Lorenz curve
Review questions
Chapter 2 Making sense of data: Central location and dispersion
Introduction
Notation
Measures of central location
Normal and skewed distribution
Measures of dispersion
Coefficient of variation (C of V)
Review questions
Chapter 3 Financial decision making: Project appraisal
Introduction
Investment and financial decision making
Interest rates and project appraisal
Compound factors, discounting and present value
Cash flow and financial decision making
Investment appraisal: non-discounting techniques
Investment appraisal: discounting techniques
Review questions
Part Two Growth stage of product life cycle?
Chapter 4 Regression, correlation and time series
Introduction
Regression analysis
Correlation
Spearman’s coefficient of rank correlation
Time series and forecasting
Review questions
Chapter 5 Probability and probability distributions
Introduction
Probability calculations
Venn diagrams: events not mutually exclusive
Independent events: AND rule
Dependent events: conditional probability
Game theory and expected value
The normal distribution
The binomial distribution
The Poisson distribution
Review questions
Chapter 6 Sampling and tests of hypotheses
Introduction
Types of sample
Distribution of sample means
Confidence intervals
Tests of hypotheses: principles and practice
Student t-distribution
Chi-squared test
Review questions
Part Three Maturity stage of product life cycle?
Chapter 7 Business modelling: Linear relationships
Introduction
Break-even analysis
Linear programming
Solving the linear programme: maximisation
Solving the linear programme: minimisation
Review questions
Chapter 8 Business modelling: Non-linear relationships
Introduction
Differentiation
Turning points
Rules of differentiation
Applications of differentiation
Partial differentiation
Integration
Review questions
Chapter 9 Project management
Introduction
Defining projects
Planning a project
Network diagrams
Critical path analysis
Gantt charts
Taking account of uncertainty: PERT
Project costs and crashing
Review questions
Appendix 1 Review of basic mathematics
Introduction
Whole numbers, fractions and decimals
Rounding off
Percentages and ratios
Powers and roots
Simple algebra
Solving equations
Simultaneous equations
Inequalities
Graphs and functions
Progressions
Review questions
Appendix 2 Probabilities for the normal distribution
Appendix 3 Cumulative binomial probabilities
Appendix 4 Cumulative Poisson probabilities
Appendix 5 Student t critical values
Appendix 6 x2 critical values
Appendix 7 Table of random numbers
Index
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Tags: Stuart Wall, Chris Mitchell, Claire Coday, Quantitative Methods, Entrepreneurial Perspective