Perhaps one of the greatest questions of newbies is why quantitative subjects like accounting, finance, statistics and operations management are all involved in business courses when there are specialists. The answer can be rendered by the following truths:
1.) You just DO NOT by any means leave everything to your experts or they sell you out. After all, being an administrator involves making decisions and decisions involve numbers. How can you understand your specialists if you don't have ANY IDEA of what they are talking about? I began to think of what I once told my accounting teacher after she asked me why I thought the subject was important, that I believe that it's important to study accounting and finance because the finance department may soon sell you out. Yup there are plenty of dishonest accountants as well as honest accountants. Learning what they do and how they do it (even if it's just four subjects) can help one discern a faulty accounting and finance system. In a business, knowing the whole anatomy makes one more loving and careful with handling it.
2.) Quantitative subjects not only teach patience but they also sharpen the mind and keep it healthy. Of course while not being the main line of focus, it does teach rational decision making in part. Accounting will give an idea on what moves in and moves out, finance tells on risky decisions and operations management gives the mind a huge glimpse of why it's important to be patient and to brainstorm. They do after all help in the brainstorming process and lessen conflict between departments.
1.) You just DO NOT by any means leave everything to your experts or they sell you out. After all, being an administrator involves making decisions and decisions involve numbers. How can you understand your specialists if you don't have ANY IDEA of what they are talking about? I began to think of what I once told my accounting teacher after she asked me why I thought the subject was important, that I believe that it's important to study accounting and finance because the finance department may soon sell you out. Yup there are plenty of dishonest accountants as well as honest accountants. Learning what they do and how they do it (even if it's just four subjects) can help one discern a faulty accounting and finance system. In a business, knowing the whole anatomy makes one more loving and careful with handling it.
2.) Quantitative subjects not only teach patience but they also sharpen the mind and keep it healthy. Of course while not being the main line of focus, it does teach rational decision making in part. Accounting will give an idea on what moves in and moves out, finance tells on risky decisions and operations management gives the mind a huge glimpse of why it's important to be patient and to brainstorm. They do after all help in the brainstorming process and lessen conflict between departments.
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