What to Know About Business Math

No matter what your career, business math will give you indispensable real-world knowledge to help you take control of your finances. Take the first step in making better choices with your money by getting familiar with business mathematics. What Is Business Math? Business math is a type of mathematics course that is meant to teach people about money and provide them with the tools they need to make informed financial decisions. Business math not only teaches about the specifics of finances related to owning and operating a business but also offers helpful advice and information related to personal finance. These classes prepare any consumer to manage their finances responsibly and profitably by explaining everything they need to know about accounting, economics, marketing, financial analysis, and more. Business math will help to make the ins and outs of money and commerce make sense, even to the most math-averse individuals, using relevant and authentic applications. Why Take Business Math? Business math is not just for business owners, contrary to what its name might suggest. A number of different professionals utilize business math-related skills every day. Bankers, accountants, and tax consultants all need to become well-acquainted with every aspect of corporate and personal finance in order to deliver appropriate advice and problem solve with customers. Real estate and property professionals also employ business mathematics often when calculating their commission, navigating the mortgage process, and managing taxes and fees upon closing a deal. When it comes to professions that deal more with capital allocation, such as investment consulting and stockbroking, understanding investment growths and losses and making long-term financial predictions is a fundamental part of the daily job. Without business math, none of these jobs could function. For those that do own a business, business math is even more important. Business math can help these individuals to be successful by providing them with a solid understanding of how to manage goods and services to make a profit. It teaches them how to juggle discounts, markups, overhead, profits, inventory management, payroll, revenue, and all of the other complexities of running a business so that their career and finances can flourish. Topics Covered in Business Math Economics, accounting, and other consumer math subjects likely to be taught in a business mathematics course include: AnnuitiesCreditDepreciationDiscount FactorFinancial Statements (personal or business)Future and Present ValuesInsuranceInterest ratesInvestment and Wealth ManagementLoansMarkups and MarkdownsMortgage Finance and AmortizationProduct inventoryTaxes and Tax LawsStatisticsSimple and Compound Interest Mathematical Skills That Will Prepare You for Business Math If you decide that a business math course will help further your career or if you would just like to be more financially savvy, a strong understanding of the following mathematical concepts will help to prepare you for this course. Integers Be comfortable reading, writing, and making estimates for whole numbers up to 1,000,000.Be able to add, subtract, multiply, and divide any integers (using a calculator if needed). Fractions, Decimals, and Percentages Be able to add, subtract, multiply, and divide fractions, simplifying as needed.Be able to calculate percentages.Be able to convert between fractions, decimals, and percentages. Basic Algebra Be able to solve equations with one or more variables.Be able to calculate proportions.Be able to solve multi-operational equations. Formulas Be able to correctly apply values and variables to any given formula (e.g. when given the formula for calculating simple interest, IPrt, be able to input the correct values for Pprincipal, rinterest rate, and ttime in years to solve for Iinterest). These formulas do not need to be memorized. Statistics Be able to solve for the mean, median and mode of a data setBe able to interpret and understand the significance of the mean, median, and mode. Graphing Be able to interpret different types of graphs and charts such as bar and line graphs, scatter plots, and pie charts to understand the relationships between different variables.

The Battle Of The Cold War - 958 Words

Eureka! while thinking about the Cold War amidst research, it all hit me, this war draws its beginning and end from an extremely similar yet reciprocal process. The means through which the war ended were based strongly around the Power of the United States and the USSR. Only through the loss of power by either nation could the war hope to come to an end, and to that end, came my full understanding of how everything came full circle. In this paper, I will illustrate the Irony behind the birth and end of the Cold War, as well as my thoughts as to why the way it ended was necessary given the nature of the unstable times. The Soviet government in the beginning of the war had planned to stand behind the protection of the Iron Curtain in eastern Europe. As discussed in class and in recitation, Soviet leaders planned on waiting out the war as they watched Capitalism spread like a disease through the world, ultimately to fail and have Soviet leaders emerge to guide the people into a new era governed by communist principles (One Europe or Two). The two opposing principles of capitalism and communism competing against one hinted that one had to prevail between the two. Perhaps Soviet leaders had not realized what the deliberations and reforms of the SALT conferences in the 70s and 80s created. And yet when the countries that composed the Eastern bloc enjoyed the freedoms that Glasnost and Perestroika granted by Gorbachev in the mid 80s (The End), they could not give up to follow aShow MoreRelatedThe Battle Of The Cold War955 Words   |  4 PagesWorld War II between the United States and the Soviet Union came a time period full of mistrust and deceit. By the end of the Second World War, the United States and the Soviet Union became increasingly suspicious of one another, and their relations resulted in being unstable. This evident yet rising political and military tension between the two world powers has come to be known as the Cold War. Both the Yalta Conference, whic h saw a rise in disagreements between the two, and the Korean War, theRead MoreThe Battle Of The Cold War1450 Words   |  6 PagesThe battle in ideologies between communism and capitalism lead to one of the greatest conflicts of the twentieth century. The concept that freedom and democracy would not survive under communist rule triggered a battle that could endure for decades. American media significantly impacted the attitudes of Americans, creating a hatred of communism to spread throughout the nation. The political relations in Europe, during and directly after World War II, played a large part in laying the foundationRead MoreThe Battle Of The Cold War1526 Words   |  7 Pagescoattails of the unresolved issues between them, a battle-less conflict began as a result of a strictly civil alliance turning sour with the defeat of a common enemy. In the aftermath of World War II, great powers from the West and the East were thrown into a state of military and political tension. These opposing nations strived to ruin each other through increasingly obvious competition in STEM that could improve the human condition. Not only did the Cold War involve competition in the advancement ofRead MoreThe Battle Of The Cold War2612 Words   |  11 PagesNo event in history has caused more debate among academics than that of the origins of the Cold War. The Cold War was a result of the United States and the Soviets unable to accept the others ideological vision for their country and how it would benefit the world. This war was security based and ideology fixated on proving why each side was right. What came from this was a clash of competing historiographical views of an orthodox and revisionist approach. Orthodox views, including that of John GaddisRead MoreThe Battle Of The Cold War1493 Words   |  6 Pages A popular military aphorism stated by Earnest Hemmingway was, â€Å"Once we have a war there is only one thing to do. It must be won. For defeat brings wor se things than any that can ever happen in war.† With the ongoing troubles of the Cold War and rising tension along the 38th Parallel that split the once nation of Korea in two, this statement will become imminent. Through basic principles of leadership exhibited by General Douglass MacArthur to take a chance at a dynamic or what some may leanRead MoreThe Battle Of The Cold War742 Words   |  3 PagesDear John, It wasn t my fault, it was too late for him and there was nothing anyone could do to help him. It happened in the early hours of the morning, the sun slowly stretching and awakening from its own peaceful slumber but couldn t get its bright rays past the army of clouds that stood guard over the land. Our broken bodies leaning against the trench wall, our soggy backs slowly sinking into the disgusting, dark and dingy mud. The sound of the raindrops smacking the floor of our trench andRead MoreThe Battle Of The Cold War Essay1507 Words   |  7 Pagesenemies after the war. It was not the first time that the Soviets and the Americans found themselves on opposite sides. The communist revolution led by Lenin and Trotsky was the first instance of belligerence between communism and capitalism, and it started when the United States dispatched troops to Siberia with the mission of fighting Bolshevik revolutionaries (Borch 1998, 181). Ideological differences have been at the center of many con flicts throughout history, and the Cold War was no exemptionRead MoreThe Battle Of The Cold War1221 Words   |  5 Pagesa nation to change. Fresh off of the economic and political victory that was World War II for the United States, The Soviet Union sent a challenge to the U.S that set up one of the biggest, and potentially apocalyptic stand-offs in history. The Cold War, the great stand off between the Americans and the Soviets lasted from 1947 to about 1991 according to Major Problems in American History Since 1945. This Cold War would change the culture in the United States forever, stamping it’s air of alertnessRead MoreThe Battle Of The Cold War2072 Words   |  9 Pagesending of the Cold War, which significantly ended any nuclear threats that the Soviet Union had shown, and by helping the Soviet Union in throes of their revolution and the freedom promises he influenced, contributed to Reagan’s legacy as an intellectual, persuasive, and important leader to the end of the Cold War. HISTORICAL CONTEXT The dropping of the atomic bomb in Japan from America ended World War II, but it started what would become another war. This war was known as the Cold War, and it beganRead MoreThe Battle Of The War On The State, And Post Cold War3796 Words   |  16 PagesIntroduction: Ever since the Napoleonic Wars, war was a concept that was considered to be under the purview of the State, however this belief is inherently wrong. In all of history, warfare has been engaged by private actors as opposed to the State. In fact, the State as the dominant actor in warfare should be understood as the exception, rather than the norm. Even though the State has not been the dominant actor in warfare, there were certainly multiple attempts by the State to control, or have

Qualities of a Good Leader free essay sample

You must have an honest understanding of who you are, what you know, and what you can do. Note that it is the followers, not the leader or someone else who determines if the leader is successful. If they do not trust or lack confidence in their leader, then they will be uninspired. To be successful you have to convince your followers, not yourself or your superiors, that you are worthy of being followed. Good leaders are made, not born. If you have the desire and willpower, you can become an effective leader. Good leaders develop through a never ending process of self-study, education, training, and experience (Jago, 1982). To inspire your workers into higher levels of teamwork, there are certain things you must be, know, and, do. These do not come naturally, but are acquired through continual work and study. Good leaders are continually working and studying to improve their leadership skills. We will write a custom essay sample on Qualities of a Good Leader or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Seven Qualities of a Good Leader 1. A good leader has an exemplary character. A leader needs to be trusted and be known to live their life with honestly and integrity. A good leader â€Å"walks the talk†. 2. A good leader is enthusiastic about their work or about their role as leader. passion and dedication †¢source of inspiration, †¢a motivator, will not be afraid to roll up their sleeves and get dirty. 3. A good leader is confident. †¢confident as a person and in the leadership role. †¢inspires confidence in others and draws out the trust and best efforts of the team to complete the task well. 4. A leader functions in an orderly and purposeful manner in situations of uncertainty. †¢People look to the leader during times of uncertainty and unfamiliarity and find reassurance and security when the leader portrays confidence and a positive demeanour. 5. Good leaders are tolerant of ambiguity (doubt, vagueness). †¢Remain calm, composed and steadfast to the main purpose. †¢Storms, emotions, and crises come and go and a good leader takes these as part of the journey and keeps a cool head. 6. A good leader thinks analytically. †¢is able to break it down into sub parts for closer inspection. †¢can break it down into manageable steps and make progress towards it. 7. A good leader is committed to excellence. †¢The good leader not only maintains high standards, but also is proactive in raising the bar in order to achieve excellence in all areas. The Top 10 Leadership Qualities 1. Integrity- integration of outward actions and inner values. A leader must have the trust of followers and therefore must display integrity. 2. Dedication- means spending whatever time or energy is necessary to accomplish the task at hand. By setting an excellent example, leaders can show followers that there are no nine-to-five jobs on the team, only opportunities to achieve something great. 3. Magnanimity -giving credit where it is due. †¢ensures that credit for successes is spread as widely as possible throughout the company. a good leader takes personal responsibility for failures. †¢To spread the fame and take the blame is a hallmark of effective leadership. 4. Humility- recognizes that they are no better or worse than other members of the team. †¢A humble leader is not self-effacing but rather tries to elevate everyone. †¢understand that their status does not make them a god. Mahatma Gandhi is a role model for Indian leaders , and he pursued a â€Å"follower-centric† leadership role. 5. Openness- being able to listen to new ideas, even if they do not conform to the usual way of thinking. Good leaders are able to suspend judgment while listening to others’ ideas, †¢well as accept new ways of doing things that someone else thought of. †¢Openness builds mutual respect and trust between leaders and followers, and it also keeps the team well supplied with new ideas that can further its vision. 6. Creativity -ability to think differently, to get outside of the box that constrains solutions. -the ability to see things that others have not seen and thus lead followers in new directions. -The most important question that a leader can ask is, â€Å"What if †¦ ? Possibly the worst thing a leader can say is, â€Å"I know this is a dumb question 7. Fairness- dealing with others consistently and justly. A leader must check all the facts and hear everyone out before passing judgment. â € ¢must avoid leaping to conclusions based on incomplete evidence. When people feel they that are being treated fairly, they reward a leader with loyalty and dedication. 8. Assertiveness-is not the same as aggressiveness. †¢it is the ability to clearly state what one expects so that there will be no misunderstandings. †¢ A leader must be assertive to get the desired results. . Sense of humor is vital to relieve tension and boredom, as well as to defuse hostility. †¢Effective leaders know how to use humor to energize followers. Humor is a form of power that provides some control over the work environment. And simply put, humor fosters good camaraderie. 10. Intrinsic traits such as intelligence, good looks, height and so on are not necessary to become a leader. Anyone can cultivate the proper leadership traits. Leadership – †¢Ã¢â‚¬Å"process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common ta sk†. (Alan Keith of Genentech) states that, Leadership is ultimately about creating a way for people to contribute to making something extraordinary happen. †¢Ken SKC Ogbonnia, effective leadership is the ability to successfully integrate and maximize available resources within the internal and external environment for the attainment of organizational or societal goals. †¢organizing a group of people to achieve a common goal. †¢Influencing others to take actions and adopt behaviors that accomplish a goal or a mission. The Process of Great Leadership The road to great leadership (Kouzes Posner, 1987) that is common to successful leaders: oChallenge the process First, find a process that you believe needs to be improved the most. oInspire a shared vision Next, share your vision in words that can be understood by your followers. oEnable others to act Give them the tools and methods to solve the problem. oModel the way When the process gets tough, get your hands dirty. A boss tells others what to do, a leader shows that it can be done. oEncourage the hearts Share the glory with your followers hearts, while keeping the pains within your own. . 2: IMPORTANCE/FUNCTIONS OF LEADERSHIP 1. Help interpret the meaning of events 2. Create alignment on objectives and strategies 3. Build task commitment and optimism 4. Build mutual trust and cooperation 5. Strengthen collective identity 6. Organize and coordinate activities 7. Encourage and facilitate collective learning 8. Obtain necessary resources and support 9. Develop and empower peo ple 10. Promote social justice and morality 1:3 ISSUES AND PROBLEMS ON LEADERSHIP Issues and Problems For most organizations, problems prevent the direct, linear achievement of a goal. The problems faced by an organization may be adaptive in nature. Adaptive problems-require changes in organizations structure, behaviour, values, culture or objectives. Non-adaptive problems- simply require the application of existing approaches. Table 1 Organizational Issues Problem/Issue TypesSolutions AvailablePeople Involved Adaptive, Non-Technical UnclearUnknown and Unclear; Requires Evolution of Values and InnovationAll Stakeholders Non-Technical but ClearPartly Known -Some Adaptive Learning RequiredExperts Aid Diagnosis; Group Solves Problem Technical ClearTechnical, Solutions ExistExpert-Leader

Women in Beowulf Essay Example

Women in Beowulf Essay In nearly every society throughout history, women have never held an extremely important place. The role of a woman seems miniscule compared to that of a man. However, there are some women who abide to the unwritten rules of how to behave, and others who challenge those rules. The contradicting roles of the women in the poem beowulf aim to show the differences between them and how they exist in society. The characters who are mainly introduced into these various roles in the poem consist of Queen Modthryth, Grendel’s Mother, Hrothgar’s wife Wealhtheow, and Queen Hygd; all of whom play roles in the poem that either contradict or relate to each other. In Beowulf, Queen Wealhtheow serves as the ideal example of an appropriate woman. After Beowulf defeated Grendel, the Queen spoke to all of the occupants of Heorot Hall as the hostess of the banquet. Just one small example of Wealhtheow’s cadence and poise comes from her praise to Beowulf for his defeat of Grendel as she says, â€Å"And so, my prince, / I wish you a lifetime’s luck and blessings/ to enjoy this treasure. Treat my sons/ with tender care, be strong and kind. / Here each comrade is true to the other, / loyal to lord, loving in spirit† (lines 1224-1227). This shows the genuine kindness that Hrothgar’s wife exudes. We will write a custom essay sample on Women in Beowulf specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Women in Beowulf specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Women in Beowulf specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The men react with extreme pleasure to her speaking, giving applause for their Queen, which demonstrates that men in that time period did hold respect for a woman who was tasteful, kind, and most importantly gave praise towards other men. Queen Wealhtheow serves as the picture of grace, poise, kindness, and most importantly as a vast contrast between other women throughout the poem. The next woman to make an appearance in the poem comes in the form of a monster. Grendel’s mother’s stark contrast to the traditional role of the queen shows that a woman who refuses to follow that traditional role becomes an outcast of society. Grendel’s mother first appears at Heorot Hall as everyone sleeps from the overwhelmingly joyful day of Grendel’s defeat. While they’re sleeping, she stages a surprise attack, slaughtering men for revenge. â€Å"Her onslaught was less/ only by as much as an Amazon warrior’s/ strength is less than an armed man’s/ when the hefted sword, its hammered edge/ and gleaming blade slathered in blood,/ razes the sturdy boar-ridge off a helmet† (lines 1282- 1287). The way in which she blindly murders so many men highlights her barbaric nature. She lacks all the grace and poise held by Wealhtheow. Her actions cause others in society to view her as a horrid monster. Grendel’s mother highly contradicts the traditional role of a kind or generous woman as compared to the Queen. Instead she plays the role of a horrendous murderer and burden upon society, challenging the well known role of women. One of the most obvious comparisons between women in Beowulf is that of Queen Hygd and Queen Modthryth. The contrast of the two shows the difference between an acceptable and unacceptable woman. The poem first introduces Queen Hygd as the ideal Queen, stating, â€Å"her mind was thoughtful and manners sure. / Haereth’s daughter behaved generously/ and stinted nothing when she distributed/ bounty to the Geats† (lines 1928- 1931). Throughout Beowulf, women who are thoughtful of men are seen as better members in society. Along with Queen Wealhtheow, Queen Hygd fulfills the role of the proper, submissive woman. The introduction of Hygd acts as a perfect lead into the story of Queen Modthryth. After the poem introduces Queen Hygd, it offers a stark contrast by introducing Queen Modthryth. Her unacceptable behavior was inevitably only able to change because of her marriage to a man. The story of the Queen began by telling how she committed awful murders, and the negativity that came from these crimes. Most people showed this as they thought,† Even a queen/outstanding in beauty must not overstep like that. /A queen should weave peace, not punish the innocent/with loss of life for imagined insults† (lines 1941-1944). The tone at this point in Beowulf holds obvious negativity towards Queen Modthryth. Murder in that society of innocent people was highly looked down upon, especially coming from a woman. However, the tone of the story changes when another tale of Queen Modthryth marrying Offa begins. Because of her marriage, she becomes graceful, devoted to her king, and overall a better woman in society. This stark contrast created between both opposites, Queen Hygd and Queen Modthryth, contributes to the many differences of women throughout the poem. The main four women compared throughout Beowulf are Queen Wealhtheow, Grendel’s Mother, Queen Modthryth, and Queen Hygd. Both Grendel’s mother and Queen Modthryth are examples of horrifying monsters who commit the worst of wrongs. They starkly contrast the peace-bringing and gracious roles of Queen Hygd and Queen Wealhtheow. Both queens represent their kings, King Hygelic and King Hrothgar, with great poise and kindness, the ideal role for a queen. Overall the contrast between the women in Beowulf show how each differs and exists in society.