To succeed in business, one needs to know math. To what extent do you agree or disagree?

#business #math

Mathematics is a field which governs many aspects of our daily lives. It is believed by some

people

that knowledge of

math

plays a crucial role in achieving

business

success. I completely agree with

this

opinion. The main reason why I think numerical

skills

contribute to

business

success is that they enable

business

people

to arrive at sensible decisions. One application of

business

math

is statistics, which can provide predictions for future scenarios.

Such

predictions can lay a firm foundation for more informed and evidence-based decisions in lieu of objective ones. Take the

business

campaign of Bitis, a Vietnamese footwear corporation, as an example. They employed statistics to forecast the trend in the industry and carried out research and development for a new product before other competitors did.

As a result

, they gained a competitive advantage, with their new product becoming the best seller at that time. Another reason why I consider

math

a key factor in

business

prosperity is that it helps determine profitability, which is the ultimate goal of a

business

This

can be done by subtracting all expenses from revenue to calculate the net profits. An understanding of the net profits helps key

people

evaluate the effectiveness of the

business

operation, thereby devising appropriate cash flow management strategies. Without knowledge in mathematics,

business

owners, especially those of small businesses, would fail to realize whether their companies are doing well financially, and risk having more expenses than actual revenue. Those who overlook the importance of numerical

skills

believe that company managers could hire accountants, obviating the need to equip themselves with

such

skills

. What

this

argument fails to take into account is that if managers are ignorant of

math

, they would be unable to check the work of the accountants. In fact, there are cases of accounting fraud, inflicting financial damage to the company. In conclusion, I totally agree that

math

skills

play a pivotal role in

business

prosperity as it helps

business

people

make wiser decisions and determine profitability.

Therefore

, they need to be equipped with

such

skills

to drive their

business

to success.

Submitted by Thanh on Sun Feb 14 2021

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Sentence 2 - Example
Sentence 3 - Discussion
Sentence 4 - Conclusion

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Sentence 1 - Topic sentence
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4Linking words
meeting the goal of 7 or more
4Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

5 paragraphs

347 words

7.00

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.5

Complete response

5.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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To succeed in business, one needs to know math. To what extent do you agree or disagree?

Fully explain your ideas

Some people believe that women should play an equal role as men in a country's police force or military force such as the army while others think women are not suitable for this kind of jobs. Discuss both views and give your opinion.

The personal information of many individuals is held by large internet companies and organisations. Do you think the advantages of this outweight the disadvantages?

Writing Practice. Crime appears to be rising in most countries in the world, especially among young people. What are the possible causes of this trend, and what solutions would be effective in reducing crime levels?

Some people think that newspapers are the best way to learn news. However, other believes that they can learn new better through other media. Discuss both views and give your opinion.

Some people think that a high tax on unhealthy food is the best way to improve people’s eating habits. Others think that this is not an effective solution. What is your view?