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'''[[w:Business mathematics|Business maths]]''' are mathematics used by '''[[w:Commerce|commercial]]''' enterprises to record and manage '''[[w:business operations|business operations]]'''. Commercial organizations use mathematics in '''[[w:accounting|accounting]], [[w:inventory management|inventory management]], [[w:marketing|marketing]], sales [[w:forecasting|forecasting]], and [[w:financial analysis|financial analysis]]'''. ( Wikipedia ) | |||
:Mathematics typically used in commerce includes [[w:elementary arithmetic|elementary arithmetic]], elementary [[w:algebra|algebra]], [[w:statistics|statistics]] and [[w:probability|probability]]. Business management can be made more effective in some cases by use of more advanced mathematics such as [[w:calculus|calculus]], [[w:matrix algebra|matrix algebra]] and [[w:linear programming|linear programming]]. ( Wikipedia ) | :Mathematics typically used in commerce includes [[w:elementary arithmetic|elementary arithmetic]], elementary [[w:algebra|algebra]], [[w:statistics|statistics]] and [[w:probability|probability]]. Business management can be made more effective in some cases by use of more advanced mathematics such as [[w:calculus|calculus]], [[w:matrix algebra|matrix algebra]] and [[w:linear programming|linear programming]]. ( Wikipedia ) |