Friday, December 6, 2019
Quantitative Methods for Business
Question: Discuss about theQuantitative Methods for Business. Answer: Introduction The following study evaluates the business operational policies of QMag. As such, the business entity would have to evaluate the operational policies of the business entity. As such, the net present value of the prospective investments is calculated to assess the financial situation of the business entity[1]. The financial situation of the business entity shall have to be analyzed in developing pertinent financial policies. The break-even sales for the business enterprise are also evaluated to develop the financial strategies for a business enterprise. Discussion In the context of QMag the selling price of each magazines is evaluated to develop the financial policies of the business enterprise. The study also determines the best loan option that would help the business entity in achieving external finance for executing the business functionalities of the business entity. The compound interest system has been used to evaluate the best loan option for the business entity[2]. In this regard, it can be stated that the financial policies of the business entity have to be executed as per the long-term organizational goals and the objectives of a business enterprise. Linear programming techniques has been applied to enhance productivity of the business enterprise through minimum wastage of time and resources . Recommendation It can be stated that the innovation has to be introduced in the re-innovation policies of the operational functionalities of the business entity. Besides this, it can be recommended that the pricing policies in the business organization have been developed to aid organizational growth and sustainability in the International market. The major part of the operational policies of the business enterprise has been on emphasizing on the financial policies of the business entity. Besides this, the brand has made pertinent efforts in enhancing the productivity of the business enterprise. As such, the valuation of the investments has been made possible through the usage of the capital budgeting techniques in the business organization. Q Mag operates in an intensively competitive market. Therefore, the business entity has to adopt to rapid changes in the domestic and the international market. The business entity has inherent operational constituents that can match the international standards. Besides this, the organization has to identify the discrepancies in the financial statements in a business enterprise. Conclusion It can be stated that the Q Mag has a stable financial position, having executed consistent business performances over a period. The net present value computation of the brand states that the investments made by the business enterprise are profitable and would serve the business organization in the attainment of organizational objectives. The QMag have been a major part of the operational strategies of the business enterprise. In this regard, it can be stated that QMag would have to assess the financial policies through capital budgeting techniques as well as through various statistical techniques in the business entity[3]. In addition, the business entity operates in an intensive competitive market. Therefore, pertinent operational strategies has been taken to overcome the existing market threats. References Anderson, D.R., Sweeney, D.J., Williams, T.A., Camm, J.D. and Cochran, J.J., (2012) Quantitative methods for business. Cengage Learning Creswell, J.W., (2013). Research design: Qualitative, quantitative, and mixed methods approaches. Sage publications. Oakshott, L., (2012). Essential quantitative methods: for business, management and finance. Palgrave Macmillan. Zikmund, W.G., Babin, B.J., Carr, J.C. and Griffin, M., 2013. Business research methods. Cengage Learning.
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