Unit purpose and aim(s)
Quantitative skills are recognised as indispensable for aspiring managers and entrepreneurs. The focus of the Quantitative Methods syllabus is to:
- Develop quantitative thinking and skills
- Develop skills in gathering and computing numbers
- Cultivate the ability to present, interpret and communicate quantitative results for managerial decision making
- Build a robust quantitative foundation for other business units
Quantitative skills built at this level will help you to apply a number of concepts in other core areas of business management – marketing, accounting, finance and human resource management. Many decisions in these areas require quantitative skills, for example, calculating the sales volume for recovering costs, determining the price of a new product, estimating demand for the product, measuring the overall performance of the business.
This unit is assessed by traditional timed exam - read more.
Qualifications for this unit
ABE Level 4 Diploma in Business Management and Marketing
Level 4 means the same of difficulty as year one of a Bachelors degree. Our qualification provides a thorough grounding in the core principles of marketing and business management.
ABE Level 4 Diploma in Business Management and Human Resources
Level 4 means the same depth of learning as year-one of a Bachelors degree. This qualification provides a thorough grounding in contemporary Business Management with a particular focus on the principles of Human Resources.
ABE Level 4 Diploma in Business Management
Level 4 means the same level of difficult as year-one of a Bachelors degree. This qualification provides a thorough grounding in Business Management and it is a great springboard for progressing to higher levels of academic study.