To succeed in business, one needs to know math. To what extent do you
agree or disagree?
Many people regard math skills as a key factor to achieve success in business as it facilitates the decision making process. However, I believe it is only one out of various factors that contribute to business success and therefore non-essential.
On the one hand, math enables key people to make better decisions. One application of business mathematics is to provide statistics that can predict future scenarios. These predictions might lay a firm foundation for more informed and evidence-based decisions, replacing biased ones based on managers’ gut feelings. For decades, Unilever has utilised a statistical model that can forecast the supply and demand of fast-moving consumer goods, allowing the company leaders to promptly plan production and sales of each product category.
On the other hand, I believe that one can run a business successfully without excellent math skills. In fact, many entrepreneurs have built billion-dollar enterprises thanks to great personal qualities. A good example in this case is Nguyen Thanh Duc, the chairman of NTD Group. He was known to be a disruptive student that failed almost all school subjects including math, yet he rose to become an inspirational leader who could motivate his employees to strive to gain collective success for the corporation. In addition, his success is attributed to the courage to take the risks that rational calculations, such as those that guide Unilever, would rule out. As these leadership qualities concurred with a good fortune, his startup has evolved into a multinational business empire, becoming market leaders in many industries including real estate, fishery and forestry.
In conclusion, although statistical math could help make better decisions, I am of the opinion that risk taking, inspirational personality traits and luck are crucial to drive an enterprise to success. That is why business schools should focus more on honoring international skills including leadership and communication.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2024-11-25 | zanzendegi | 73 | view |
| 2024-11-24 | hahoaan | 78 | view |
| 2024-11-21 | Trần Ánh Vy | 73 | view |
| 2024-11-20 | Giang Tran | 84 | view |
| 2024-11-20 | Giang Tran | 84 | view |
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Grammar and spelling errors:
Line 7, column 275, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...uld focus more on honoring international skills including leadership and communic...
^^
Transition Words or Phrases used:
but, however, so, therefore, in addition, in conclusion, in fact, such as, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 8.0 13.1623246493 61% => OK
Auxiliary verbs: 8.0 7.85571142285 102% => OK
Conjunction : 8.0 10.4138276553 77% => OK
Relative clauses : 10.0 7.30460921844 137% => OK
Pronoun: 23.0 24.0651302605 96% => OK
Preposition: 34.0 41.998997996 81% => OK
Nominalization: 7.0 8.3376753507 84% => OK
Performance on vocabulary words:
No of characters: 1686.0 1615.20841683 104% => OK
No of words: 305.0 315.596192385 97% => OK
Chars per words: 5.52786885246 5.12529762239 108% => OK
Fourth root words length: 4.17902490978 4.20363070211 99% => OK
Word Length SD: 3.11748629091 2.80592935109 111% => OK
Unique words: 196.0 176.041082164 111% => OK
Unique words percentage: 0.64262295082 0.561755894193 114% => OK
syllable_count: 526.5 506.74238477 104% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 8.0 5.43587174349 147% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 5.0 4.76152304609 105% => OK
Performance on sentences:
How many sentences: 14.0 16.0721442886 87% => OK
Sentence length: 21.0 20.2975951904 103% => OK
Sentence length SD: 52.5788038305 49.4020404114 106% => OK
Chars per sentence: 120.428571429 106.682146367 113% => OK
Words per sentence: 21.7857142857 20.7667163134 105% => OK
Discourse Markers: 6.57142857143 7.06120827912 93% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 11.0 8.67935871743 127% => OK
Sentences with negative sentiment : 2.0 3.9879759519 50% => More negative sentences wanted.
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.126864927811 0.244688304435 52% => OK
Sentence topic coherence: 0.0494646711993 0.084324248473 59% => OK
Sentence topic coherence SD: 0.0456165147444 0.0667982634062 68% => OK
Paragraph topic coherence: 0.0812621186738 0.151304729494 54% => OK
Paragraph topic coherence SD: 0.0227870422992 0.056905535591 40% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.
Essay readability:
automated_readability_index: 15.5 13.0946893788 118% => OK
flesch_reading_ease: 41.7 50.2224549098 83% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 12.7 11.3001002004 112% => OK
coleman_liau_index: 14.79 12.4159519038 119% => OK
dale_chall_readability_score: 9.86 8.58950901804 115% => OK
difficult_words: 100.0 78.4519038076 127% => OK
linsear_write_formula: 8.5 9.78957915832 87% => OK
gunning_fog: 10.4 10.1190380762 103% => OK
text_standard: 9.0 10.7795591182 83% => OK
What are above readability scores?
---------------------
Rates: 84.2696629213 out of 100
Scores by essay e-grader: 7.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.