Thunder Bay • Orillia

Honours Bachelor of Commerce (Human Resources Management/Industrial Relations Major)(TB) - Quantitative Foundations for Business

Business 1036 Quantitative Foundations for Business
Business students are introduced to fundamental quantitative concepts and applications related to Business decision-making. Subjects covered include: business topics related to the time-value of money, including compound interest, nominal and effective rates, annuities, and amorization of loans; quantitative aspects of marketing, including marginal and average cost and break-even analysis; and quantitative aspects of operations management such as inventory and queuing analysis. Case problems in areas such as accounting, finance, human resources management, information technology management, marketing and operations management are an integral part of the course.
Credit Weight: 0.5
Offering: 3-0; 0-0
Notes: Open only to Business students.
Course Classifications: Type C: Engineering, Mathematical and Natural Sciences