Organizations frequently need to display complex numerical information in an easy-to-understand format. As a result, data visualization skills are in high demand. This teaching intervention requires students to create and interpret a series of charts to identify key findings.
The ability to differentiate good research from bad is necessary when consumers and organizations make decisions. This teaching intervention requires students to use a research “sniff test” to analyze and discuss 3 sources about a product.
Business owners must set appropriate prices for their products and services. This teaching intervention introduces students to a price elasticity calculator, which allows them to determine how different price points affect the quantity of products/services sold.
College students often have difficulty determining appropriate salary expectations when they interview for jobs. This teaching intervention introduces students to Salary.com, which allows students to search for relevant salary data based on location, education, experience, etc.
While most business students know tariffs are a tax on imported goods, many do not understand how companies “engineer” their products to reduce the cost of tariffs. This teaching intervention requires students to use quantitative reasoning to analyze and discuss 3 real-world tariff case studies.
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