Business Mathematics Quiz
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Questions and Answers

What are some areas where commercial organizations use mathematics?

Accounting, inventory management, marketing, sales forecasting, and financial analysis.

What are some examples of mathematics typically used in commerce?

Elementary arithmetic, elementary algebra, statistics, and probability.

What are some examples of more advanced mathematics that may be applied to management problems?

Calculus, matrix algebra, and linear programming.

What is another name for business mathematics?

<p>Commercial math or consumer math.</p> Signup and view all the answers

Where are business mathematics courses typically offered?

<p>In high schools and in schools that grant associate's degrees.</p> Signup and view all the answers

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