Question about sets and set theory:
Question 1: Why is it important to be able to identify sets and theory as related to business?
Questions about functions:
Question 2: What applications do you think functions have for the business world?
Question 3: Can functions be used to predict next year's profits, or how much your company will grow?
Questions about linear equations:
Question 4: Why is it important to understand linear equations in business?
Question 5: Can you provide examples where the relationship between items that can be affect by management and items that management wished to achieve or attain may be 'linear'?
Question 6: Can you think of items for which the relationship is not linear?
Questions about risk:
Question 7: What do you think is the typical situation in the business world: risk or uncertainty?
Question 8: Can you think of situations in the business world or other real life situations where you would need to estimate probabilities?
Questions about central tendency:
Question 9: From a business prospective, which measurements is more important, the mode, the mean, or the median?
Question 10: Provide examples (Business related) that demonstrate the appropriateness of one of these measures and the inappropriateness of the other two in a particular situation?
Question 11: Can you think of a situation where another one of the measures is more appropriate of relevant?
Question about quantitative methods in business:
Question 12: What are two concepts that you believe are more applicable in business administration.