To succeed in a business, one needs to know maths.

Some people believe it is important to know mathematics to accomplish your objectives in
business
and I entirely agree with
this
viewpoint.
First
, you have to do financial affairs properly in order to operate a
business
efficiently and successfully.
Business
administrators,
for instance
, should calculate the revenues and taxation. They ought to know how much they need to spend per month on salaries of staff and expenses. To do all of these they should have a strong mathematical understanding.
Secondly
, both developing and keeping a
business
in a good condition requires analysis and accessing different factors.
For example
, if a store owner wishes to open a new branch, he needs to evaluate some locations and estimates the profits they gain and the number of costs.
Finally
, the best option is chosen. If a major company want to places in the market, they need to anticipate the future demands based on the current data. Mathematics has a key role in all of these things. In conclusion, due to the importance of mathematics in financial affairs and developing businesses, it is crucial to know that to run a
business
successfully.
Submitted by hongminh317 on

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