Objective: Apply elementary mathematical concepts andquantitative methods in business decision making undercertainty.
Create a context: Introduce areal-world business situation or an imagined businessscenario that may benefit from the "math" presented in theprior two weeks (Weeks 1 and 2 - see the objective stated in boldabove). While creating the context, ask yourself: Whatbusiness use cases may benefit from the quantitative methodsoffered last week and this week? Basi algebraic numbers, binaryoperations, integral exponents, equations, functions, or derivates.Pick one. You can use Google or other search tools, oryour own workplace experience, to create the context.
Show with exampleshow the "math" or quantitativemethodology introduced in the prior two weeks relate to thebusiness use case you introduced. (e.g., does the math/methodologyhelp to resolve a business problem?) Be specific in yourdescription of how you can use the quantitative information inconnection with the business case (your context) you described.Give examples. Use technical terminology when necessary.
Reflect on your learning by answering thesequestions: What changes have you observed in your own learning orknowledge of math/quantitative methods as a result of the topicsintroduced in Weeks 1 and 2 of this course? What did you find mostvaluable or useful for your MBA education and/or yourcurrent/future career? (As you articulate your thoughts for Part 3,be original: Do not repeat the business context or situation youdescribed in Parts 1 and 2.