Quantitative Methods For Business

Management students frequently find quantitative ideas difficult and are concerned primarily with how useful a result is and where it can be applied in their work. This book is, therefore, designed to be practical rather than theoretical. It avoids rigorous mathematics, describing mathematical proofs by example rather than theoretical arguement. The text takes a balanced view and relates all topics to real business and management issues. Written for business students, it is intended as a complete first course.

Quantitative Methods for Business

 

Fourth Edition

 

Donald Waters

 

 

All students of management undertake a course in quantitative methods. These courses come in various guises, including quantitative analysis, decision analysis, business modelling and numerical analysis. This book describes a range of quantitative methods that are widely used in business and which every student of management will meet somewhere in their course. Whether studying for an HND, an MBA, a first degree or a professional qualification, students will appreciate the author's friendly style and practical approach.

 

Quantitative Methods for Business, fourth edition, employs an accessible five-part structure, leading the reader through the subject in a logical sequence.

 

·        Part One introduces the subject, asks why managers use quantitative methods and reviews essential quantitative tools

·        Part Two covers data collection and description, focusing in particular on how to ensure your data is reliable

·        Part Three shows how quantitative methods can be used for solving different types of problems

·        Part Four describes some statistical methods, focusing on probabilities, sampling and statistical inference

·        Part Five suggests how statistical ideas may be used in decision analysis, quality management, inventory control and other areas

 

 

Key features

 

·        Worked examples illustrate the principles discussed

·        ‘Ideas in practice’ sections show how methods are actually used

·        Covers a broad range of materials relevant to managers and students

·        Case studies at the end of every chapter consolidate learning objectives    

·        Extensive pedagogical features, including self-assessment problems, chapter outlines and summaries, review questions and suggested research projects

 

 

 

About the author

 

Donald Waters is the author of several successful textbooks and is well known for his clarity of style and his student-friendly texts.