2. BUS 598: Quantitative Foundations and
Business Applications
Please write down the following information on the white card or
via the link https://forms.gle/atDLsVXqBjr62uA99:
The link available on the Campus Web-Annoucements
• First name, last name, name preferred to be called
• Your undergraduate major and academic major in MBA program,
why GBC?
• Your (current or interested) industry/business segment and
functional department
• Position-standing and your responsibilities
• Expectations for the course & expectations for the instructor
• Set your personal achievement goal for this course
3. BUS 598: Quantitative Foundations and
Business Applications
Could you please
introduce yourself?
4. BUS 598: Quantitative Foundations and
Business Applications
Today’s Agenda
• Course description/Syllabus overview
• Chapter 1: Reviews of Exponents, Polynomials, and
Fractions
5. BUS 598: Quantitative Foundations and
Business Applications
Class Format
• This class is an LVO (Live Online) – in person or Zoom
• Class meeting: Every Wednesday at 5:30 PM on Zoom
• To get to class using Zoom, go to the class on Campus Web,
on the left-hand side of the screen, there is a page for zoom,
click on the page and you will see the meeting for each
class.
6. BUS 598: Quantitative Foundations and
Business Applications
Course Materials
• Textbook: Schaum’s Outline of Mathematical Models for Business and
Economics, 2nd edition, E.T. Dowling, McGraw-Hill ISBN-13: 978-0-07-
163532-5
• Excel Functions Handout for Excel Assignment
7. BUS 598: Quantitative Foundations and
Business Applications
Course Objectives:
• Understanding of different functions and calculus, and how to apply them
to different business applications
• Solving a system of equations and apply them to different economic
situations
• Using Excel functions and get descriptive statistics for any variable using
Excel
• Evaluating different strategic management decisions and how they affect
the organization
• Demonstrating how to use different marketing strategies in different
situations, how to apply business law to different business environment
and evaluating different business ethics situations on the micro and
macro levels
8. BUS 598: Quantitative Foundations and
Business Applications
Course Policies
• Class attendance and readiness
• Meet the course deadlines. The courses are not self-paced.
• Be honest and original! Plagiarism will not be tolerated in any
online course.
• Netiquettes Behavior
• Turning on the webcam is highly recommended.
• If you are late (more than five min.), tardy being recorded(point
deduction to be applied for participation grade).
• Course Communications: Please use GBC email account!
9. BUS 598: Quantitative Foundations and
Business Applications
Course Requirements
Grading Components Weight
Business Case Presentation (22%) 50 Points
Quizzes (33%) 75 Points
Quiz 1 25
Quiz 2 25
Quiz 3 25
Final Exam (32%) 70 Points
Excel (6.5%) 15 Points
Class participation and Discussion Activities (6.5%) 15 Points
Total: 225 Points
10. BUS 598: Quantitative Foundations and
Business Applications
Quizzes (75 Points; 33%)
• Three weekly quizzes, non-cumulative, consider it as an in-
class activities
• No make-up quizzes will be offered
Final Exams (70 Points; 32%)
• Cumulative
• No make-up exams will be offered
11. BUS 598: Quantitative Foundations and
Business Applications
Excel Functions (15 Points; 6.5%)
• The Excel Handout outlines examples and the commands
used to solve the problems and is available on the Campus
Web
• Follow each example on the Excel Handout and do the step-
by-steps work to complete them on your own
• Your final work will be uploaded on the coursework page
• Due by Nov. 20, 11:55 pm
• Late submission will not be accepted.
12. BUS 598: Quantitative Foundations and
Business Applications
Business Case Presentation (50 Points; 22%)
• Each group should select a single article from Harvard Business
Review or MIT Sloan Management Review.
• Among the various topics, each group choose an article that deals
with at least one subject: HR, leadership, marketing, strategy,
management, innovation, and business ethics!
• Once you picked the article, please send it as an attached file to the
instructor for approval before starting the preparation.
• Without approval from the instructor, your presentation will not be
graded.
13. BUS 598: Quantitative Foundations and
Business Applications
Business Case Presentation (50 Points; 22%)
• Business articles will be presented by a group of 2-3 students for
Week 5 (if your group does not make it, email me to reschedule it
for any of 2-4 weeks).
• 20 to 30 minutes presentation + Q&A - Don’t be run over!
• A PPT will be uploaded on the coursework page due by before
presentation, Wed. at 5 pm (in case, to have a feedback from me,
email me no later than Friday, 12:00 Noon).
• All group members’ names should be listed up on the cover page.
• In your presentation day,
• Peer evaluation form to be also submitted to instructor
14. BUS 598: Quantitative Foundations and
Business Applications
Business Case Presentation (50 Points; 22%)
• Presentation should consist of both facts and your personal
opinions and claims
• Facts:
• Provide an overall view of the case.
• Detail specific points presented by the author(s) in support of the
main thesis.
• If necessary, help the class understand the case better by providing
background information, term definitions, technical terminology, etc.
• Present in detail the conclusion of the case and its importance in an
organization.
• Research and present alternative views of the same topic as presented
by other authors.
15. BUS 598: Quantitative Foundations and
Business Applications
Business Case Presentation (50 Points; 22%)
• Opinion:
• In your personal opinion, do the authors present their case well, with
appropriate supporting arguments? And so, do you agree with their
conclusion?
• Provide your personal opinion of the most effective points
• Provide personal opinion of the least effective points
• In your opinion, are there misleading claims or potential inaccuracies
in the case?
• Are there insights that you found particularly noteworthy?
• What additional strategies, if any, should have been considered?
• Would you recommend that the class read this case? Why or why not?
17. BUS 598: Quantitative Foundations and
Business Applications
Business Case Presentation Team
• 2-3 (max. 3) members per each group
• Submit your team information ASAP via email
• List the names of team members (no later than Oct.
20)
• Article: Send me an email to get approval ASAP (no
later than Oct. 27)
18. BUS 598: Quantitative Foundations and
Business Applications
Grading
• No curve
• No incomplete grade for this class
• “cut-offs”
By appointment
2C
A+ 95.0%
A 90.0%
B+ 85.0%
B 80.0%
C+ 75.0%
C 70.0%
F < 70.0%
19. BUS 598: Quantitative Foundations and
Business Applications
Academic Honesty and Integrity
• Plagiarism and cheating (including cyber-cheating) are
strongly disallowed/prohibited.
• You must (correctly) cite any information or quotes that did not
come from you even if you paraphrase information.
20. BUS 598: Quantitative Foundations and
Business Applications
My Expectations!
• Be involved and active in your courses.
• Participate actively in class discussions.
• Check the course homepage, calendar and assignment page, the course
syllabus, and your GBC email several times a week.
• Keep up with your assignments and online quizzes/exams (as
applicable) and manage your time well. These quizzes test your
knowledge and comprehension of the new content.
• Meet the course deadlines. The courses are not self-paced.
• Be honest and original. Plagiarism will not be tolerated in any
online course.
• Turning on the webcam is highly recommended. However, those
students who are not using laptops/tablets can use your smartphone
to join-in a Zoom meeting.
21. BUS 598: Quantitative Foundations and
Business Applications
Your expectations for me??
22. BUS 598: Quantitative Foundations and
Business Applications
Chapter 1: Reviews of Exponents, Polynomials, and
Fractions
• Exponents
an tells you to
multiply a by itself,
so there are n of
those a's:
23. BUS 598: Quantitative Foundations and
Business Applications
Chapter 1: Reviews of Exponents, Polynomials, and
Fractions
• Rules of Exponents
24. BUS 598: Quantitative Foundations and
Business Applications
Chapter 1: Reviews of Exponents, Polynomials, and Fractions
• Supplementary Problems (page 23)
• Exponents: 1.31 – 1.34
• Polynomials: 1.35 – 1.40
• Fractions: 1.41 – 1.42
25. BUS 598: Quantitative Foundations and
Business Applications
Chapter 1: Reviews of Exponents, Polynomials, and
Fractions
• Polynomials
Constants (like 3, −20, or ½)
Variables (like x and y)
Exponents (like the 2 in y2), but only 0, 1, 2, 3, ... etc are allowed
A polynomial can have:
26. BUS 598: Quantitative Foundations and
Business Applications
Chapter 1: Reviews of Exponents, Polynomials, and
Fractions
• Factoring:
- The reverse process of polynomial multiplication
- To express a given polynomial as a simple molynominal
27. BUS 598: Quantitative Foundations and
Business Applications
Chapter 1: Reviews of Exponents, Polynomials, and
Fractions
• Factoring:
- The reverse process of polynomial multiplication
- To express a given polynomial as a simple monomial
- How to factor a polynomial expression?
- Find the Greatest Common Factor (GCF) of a
polynomial.
- Factor out the GCF of a polynomial.
- Factor a polynomial with four terms by grouping.
28. BUS 598: Quantitative Foundations and
Business Applications
Chapter 1: Reviews of Exponents, Polynomials, and
Fractions
• Factoring a quadratic trinomial:
29. BUS 598: Quantitative Foundations and
Business Applications
Chapter 1: Reviews of Exponents, Polynomials, and
Fractions
• Factoring a quadratic trinomial:
30. BUS 598: Quantitative Foundations and
Business Applications
Chapter 1: Reviews of Exponents, Polynomials, and Fractions
• Supplementary Problems (page 24)
• Exponents: 1.31 – 1.34
• Polynomials: 1.35 – 1.40
• Fractions: 1.41 – 1.42
31. BUS 598: Quantitative Foundations and
Business Applications
Chapter 1: Reviews of Exponents, Polynomials, and
Fractions
• Fractions – Rational Expressions
• How to reduce? 1. Factoring
2. Canceling out Common Factor
32. BUS 598: Quantitative Foundations and
Business Applications
Chapter 1: Reviews of Exponents, Polynomials, and Fractions
• Supplementary Problems (page 23)
• Exponents: 1.31 – 1.34
• Polynomials: 1.35 – 1.40
• Fractions: 1.41 – 1.42
33. BUS 598: Quantitative Foundations and
Business Applications
• Assignment due by Oct. 20
• Discussion Video #1 and #2 (Check the Campus Web) –
min. 1 post + 1 reply
• Team/Group member list
• Next class
• Chapter 2: Equations and Graphs
− Linear Depreciation
− Profit, Cost, and Revenue
− Two Investment Problem
− Trends, Projections, and Forecasting
• Chapter 3: Functions: Market Equilibrium
Editor's Notes
Your name?
what position are you standing in?
What is your interested industry segment (such as event, lodging, restaurant, etc.) and functional department (marketing, sales, HR, operation, etc.)?
What are your expectation for the course and for me?
What you want to learn in this class, what’s your personal goals in this course?
Because of the COVID-19 pandemic, this class is an 100% online. I'll hold the class LIVE through Zoom. We will meet every class on Monday at 5:30 PM on Zoom. I'll start the Zoom meeting at 5:30 PM and wait until 5:45 PM to start the class in order to make sure everyone is able to come in and join the class. I’ll do lecture with slides and explain the materials using OneNote, save the lecture as a PDF file and post it on Campus Web. In addition, you can ask questions and I'll answer them. Zoom will save a recorded version of each meeting and will be posted on Campus Web, so you can go back and watch it later with your own pace.
To get to class using Zoom, go to the class on Campus Web, on the left hand side of the screen, there is a page for zoom, click on the page and you will see the meeting for each class.
This course is designed to improve the quantitative skills of students starting the MBA program.
Topics Covered:
Linear and Nonlinear Functions with Emphasis on Business Applications
1.1 Review of Functions, Graphs, and Equations
1.2 Linear / Nonlinear Equations and Graphs
1.3 Business Applications to Linear and Nonlinear Equations
System of Equations
2.1 Solving System of Equations
2.2 Economic Applications to System of Equations
Differential Calculus
3.1 Introduction to Differential Calculus
3.2 Applications to Differential Calculus
Excel Foundations
4.1 Basic Excel Functions
4.2 Scenario Manager
4.3 Excel Solver
4.4 Descriptive Statistics
Basic Concepts of Management
5.1 Strategic Management Basics
5.2 SWOT (Strengths, Weaknesses, Opportunities, and Threats) Analysis
Basic Concepts of Marketing
6.1 Marketing Strategies
6.2 The Effect of Change in Consumer Behavior on Marketing
Business Law and Ethics
7.1 Business Law Basics
7.2 Business Ethics on the Macro and Micro Levels
100% Online live Zoom class and attendance is mandatory. All absences will be unexcused, and your instructor does not have the authority to excuse an absence. The request to excuse an absence, together with supporting documents showing an extreme situation emergency, should be presented to your academic adviser.
Consider this class your job. Think of me as your supervisor. If disrespectful attendance or behavior persists, I reserve the right to adjust your grade as a consequence of poor professional behavior.
This course requires professional and respectful classroom behavior. Students are strongly discouraged in the following activities (including but not limited to): inappropriate posture, reading non-class materials such as newspapers, extensive social chatting, or sleeping during the class meeting. Inappropriate classroom behavior will result in your grade.
Turning on the webcam is highly recommended. However, those students who are not using laptops/tablets can use your smartphone to join-in a Zoom meeting.
All Quizzes and Exam in this course are take-home. So, if I can see or image any types of cyber-cheating (discuss, copy, share your answers with other students/classmates), I’ll report inappropriate behavior to the VP of Academic affair and Dean of Students. In addition to that, I’ll change exam format as a live which means must turn on webcam, and I can be a proctor during your exam and quizzes.
Plagiarism and academic cheating (including cyber-cheating) are strongly disallowed/prohibited.
If anybody copy other’s work, ideas, words, materials.
The consequences for cheating, plagiarism, unauthorized collaboration, and other forms of academic dishonesty can be very serious.
I will not involve any of these process.
Using SafeAssign, it is easy to detect academic dishonesty.
It is very important when writing papers to correctly cite any information that you use that is not your own, original information
All Quizzes and Exam in this course are take-home. So, if I can see or image any types of cyber-cheating (discuss, copy, share your answers with other students/classmates), I’ll report inappropriate behavior to the Dean of Academic and Dean of Students.
Factoring Trinomials of the Form x2 + bx + c and x2 - bx + c. Just as the product of two binomials can often be rewritten as a trinomial, trinomials of the form ax2 + bx + c can often be rewritten as the product of two binomials. For example, x2 + 3x + 2 = (x + 1)(x + 2).