Write a paragraph describing the business venture and what kind of algebra or other calculations and formulas might help someone in that endeavor

Information Technology Project Management
9th Edition
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Kathy Schwalbe
Chapter7: Project Cost Management
Section: Chapter Questions
Problem 5E
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Computer Science

Hello! I am in serious need of some help. I really have no clue to start this and any direction would be greatly appreciated!

 

In this activity, you will connect doing business with using the tools of algebra. You’ve seen a lot of scenarios in which people in business use algebra to ensure or monitor their success, including maximizing profit, reaching revenue goals, and calculating the consequences of price increases. Imagine that you’re involved in a business venture that could benefit from algebraic expressions and calculations. If you’ve been involved in such a business, recall what that experience entailed.

 

Write a paragraph describing the business venture and what kind of algebra or other calculations and formulas might help someone in that endeavor. Also include ways in which the business might operate differently with those tools than without them.

 

 

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