Mathematics plays a major role in business management because it helps maximize profit by using techniques such as analyzing production costs, determining ideal pricing, discerning sales patterns and projecting future sa... More »

Business mathematics and analytics help organizations make data-driven decisions related to supply chains, logistics and warehousing. This was first put into practice in the 1950s by a series of industry leaders, includi... More »

In addition to counting money, mathematics is used in banking to assess the potential risks and gains of various banking products, according to the Mathematical Association of America. A banker recommending savings or in... More »

A management report is a formal business document that discloses a company's profit and loss statements in one- to four-month periods. Management reports are utilized by higher management professionals, such as CEOs and ... More »

The classical style of management suggests that a manager increase efficiency within a business in order to increase the overall production of the organization, using a formal and rigid approach. This type of management ... More »

Inventory management helps make a business more profitable by reducing the cost of goods sold and increasing the sales. It helps increase speed, accuracy, accountability and mobility in all the operations and processes w... More »

"How Leaders Build Effective Teams through Quality Management and Teamwork" is a good article on business management. Find this article on the Business Training Media website. "What is Workplace Conflict?" is another goo... More » Business & Finance Business Resources Managing a Business