Marketing Management · Level 6 · 8 Chapters
Compiled by: Bonface Omondi
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Business Mathematics and Statistics at Marketing Management Level 6 sharpens the numeracy you need to price, forecast and report in marketing. It starts with statistical equations: linear, quadratic and simultaneous equations, break-even analysis, differentiation and integration, and revenue, cost and profit equations. Matrices follow, including determinants and inverses of 2x2 matrices and their business use. Commercial mathematics covers discounts, foreign exchange, commissions, wages, interest, margin and mark-up, gross and net pay, depreciation and hire purchase price. Elementary and descriptive statistics treat data collection, central tendency, dispersion, skewness and kurtosis, and the unit ends with set theory, probability and index numbers.
In this unit you’ll turn numbers into decisions that keep businesses thriving. Whether you join a growing firm, support a community cooperative, or launch your own consultancy, the mathematical tools you master will be the backbone of everyday business choices across Kenya.
Master these skills and you’ll become the go-to number-cruncher who turns data into profit, opening doors to stable employment, freelance opportunities, and the confidence to launch your own venture. Keep pushing - your calculations will shape Kenya’s businesses tomorrow!