Numbers Guide: The Essentials of Business Numeracy, Fifth Edition (The Economist Series)

Numbers Guide: The Essentials of Business Numeracy, Fifth Edition (The Economist Series)
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OK, who ordered the numbers?

From Great to Good

Excellent index of business math

A good start

Numbers Guide: The Essentials of Business Numeracy, Fifth Edition (The Economist Series)
Richard Stutely
Manufacturer: Bloomberg Press
ProductGroup: Book
Binding: Hardcover

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ASIN: 1576601447

Book Description

The Numbers Guide is very useful for everyone who wants to be competent and able to communicate effectively with numbers and is particularly invaluable for managers who have budgetary, planning, or forecasting responsibilities. There are chapters on key concepts including finance and investment, measures for interpretation and analysis, forecasting techniques, sampling and hypothesis testing, incorporating judgments into decision making, linear programming and networking.

Customer Reviews:

OK, who ordered the numbers?.......2007-01-11

Appreciative readers (they tend to be long-term readers as well) of the ECONOMIST sometimes wonder why misspellings and non sequiturs are virtually absent from that superb weekly magazine.

The answer?: an obsessive dedication to editorial rigor, nowhere better exemplified than in this 'style guide' for the numbers set. It doubles as a methodological guide, for it sets out near canonical equations and means for solving economic problems.

Nine chapters cover:

Key concepts
Finance and investment
Descriptive measures for interpretation and analysis
Tables and charts
Forecasting techniques
Sampling and hypothesis testing
Incorporating judgments into decisions
Decision-making in action
Linear programming and networking

This guide should be required reading for everyone who manages from a numbers-intensive platform.

From Great to Good.......2004-03-18

I have read cover-to-cover a previous edition of this book (when it was published by Wiley in 1998) and recently had an opportunity to carefully peruse this current edition (5th ed. by Bloomberg Press???). What I found is that this is a strange case of how a great book (the 1998 edition) turned into merely a good book (this 5th edition). Because of this regression toward the average, I deducted one star from my review (but still feel that it is good enough for 4 stars).

As you may have noticed, I really loved the older edition of The Economist Numbers Guide that I thankfully own. It is a great overview and introduction of mathematics as it relates to business. There are a lot of great things about that edition of this book. One of the things I admired about it was the range of topics covered, from interest rates and basic probability/statistics all the way up to Markov Chains, linear programming, and marginal analysis. It is hard to find the breadth of topics covered in that book elsewhere - whether all in one book or in any combination of books.

So I found it perplexing that this 5th edition dedacted some materials and topics covered in older editions. Gone are the interesting discussion of descriptive statistics for sets of data that do not easily conform to any of the standard probability distributions (e.g., where median is the best measure of the 'average' and substitutes must be used for the more common parameters such as standard deviation). I have a hard time finding anything coherent much less accessible on those topics elsewhere so it is a shame that they were left off of the 5th edition.

The only new material (not previously present) is a short blurb on public-key cryptography. While that topic is interesting to me and the limited discussion was illuminating and mathematically sound, it seemed a rather quixotic choice to put in when some interesting materials in previous editions were left off and new material that would have been more useful to the targeted audience have yet to be added.

What I mean by useful material that have yet to be added is that both the 1998 edition and this edition don't have some materials that I would think naturally ought to be added. E.g., the section on finance & investment mathematics is mostly devoted to various discussions on interest rate/time value of money & basic probability. I think adding material on CAPM (although CAPM Beta is defined in the book's very helpful glossary section), option/derivative pricing, financial portfolio optimization, and other topics in financial mathematics/engineering would make a great and natural addition to this book.

Some problems common to both the prior and current edition of this book are the occassional (relatively rare) typos. They are usually minor (although they are most annoyingly frequent in the section on time value of money / interest rates).

Another flaw in both the older and newer editions is that there are gaps in the expository material that don't make much sense. To be fair, this book is designed to be a brief intro/overview into a wide swathe of topics so it wouldn't be reasonable to expect that the author go into great detail on every topic. However, there are instances - e.g., the example on mixed strategies in game theory - where one or two additional sentences would help novices to understand (e.g., how did you get the the mixed strategy probabilities? author should have added a couple of more lines about how the system of equations are interrelated with one another when determining mixed strategies).

Having said all of that, let me reiterate that BOTH the old and the new edition of The Economist Numbers Guide is a wonderful resource for people interested in business mathematics. The sections on decision-making and forecasting are especially of value since they are so wonderfully explained here and a comparable set of explanations are hard to find elsewhere.

In future editions, I just hope that the author heeds my advice about bringing back some topics in older editions, correcting a few errors & lapses, and adding some material that would fit in with what has otherwise been an excellent series of books.

Excellent index of business math.......2000-12-11

This book provides concise and clear definitions of business analytics with practical applications. Excellent for the neophyte in business math. Helpful index and glossary to get started. Good guide to use if learning stats or marketing research.

A good start.......2000-06-11

For a novice in economics, not an easy field to be a novice in, this was a helpful book. It got me started, by which I mean I wasn't completely lost when I read it.

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This new edition of the best-selling resume guide explains the value of portfolio resumes and how to create one. It also shows how to effectively use the Internet in job searches, with updated lists of the websites available to job seekers. Black-and-white illustrations are included.

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Hospitality Marketing: an introduction takes a unique approach to outlining marketing processes in the hospitality industry.

Ideal for those new to the topic of marketing, this text contextualises the subject for the hospitality sector. It discusses the eight elements of the marketing mix with direct reference to the specifics of the hospitality industry and approaches the whole process in three stages, as would the hospitality marketing manager:

* BEFORE customers visit the hotel / restaurant, the marketing task is to research the market, manage customer expectations and motivate trial purchase through product / service development, pricing, location, distribution and marketing communication.
* DURING the service encounter, the task is to meet or exceed customer expectation by managing the physical evidence, service processes and employee behaviour.
* AFTER the service encounter, the task is to audit quality and customer satisfaction, and promote a longer term mutually beneficial relationship with customers through relationship marketing initiative.

Hospitality Marketing is a complete learning resource, with real-life examples, case studies and exercises in the text, plus an accompanying website which provides solutions to the exercises, further case studies and links to relevant sites to support both students and lecturers.

* Contextualises the marketing mix for the hospitality industry.
* Contains real-life examples, mini case studies and exercises to illuminate analysis and help understanding.

ATREUS SYSTEMS INTRODUCES GUESTLINK 2.2 AND STARTSMART PROFESSIONAL SERVICES PROGRAM FOR THE HOSPITALITY MARKET.(Company Business and Marketing): An article from: Software Industry Report

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ATREUS SYSTEMS INTRODUCES GUESTLINK 2.2 AND STARTSMART PROFESSIONAL SERVICES PROGRAM FOR THE HOSPITALITY MARKET.(Company Business and Marketing): An article from: Software Industry Report

Manufacturer: Millin Publishing, Inc.
ProductGroup: Book
Binding: Digital

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Book Description

This digital document is an article from Software Industry Report, published by Millin Publishing, Inc. on July 2, 2001. The length of the article is 586 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: ATREUS SYSTEMS INTRODUCES GUESTLINK 2.2 AND STARTSMART PROFESSIONAL SERVICES PROGRAM FOR THE HOSPITALITY MARKET.(Company Business and Marketing)
Publication: Software Industry Report (Newsletter)
Date: July 2, 2001
Publisher: Millin Publishing, Inc.
Volume: 33 Issue: 13 Page: 5

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Destination News - Car Rental, Destination, Hotel, Rail.(new resort in Turks & Caicos)(occupancy rates in israel)(Design Hotels Inc. introduced website): An article from: Airguide Online

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Destination News - Car Rental, Destination, Hotel, Rail.(new resort in Turks & Caicos)(occupancy rates in israel)(Design Hotels Inc. introduced website): An article from: Airguide Online
Gale Reference Team
Manufacturer: Thomson Gale
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Binding: Digital

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This digital document is an article from Airguide Online, published by Thomson Gale on October 16, 2006. The length of the article is 849 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Destination News - Car Rental, Destination, Hotel, Rail.(new resort in Turks & Caicos)(occupancy rates in israel)(Design Hotels Inc. introduced website)
Author: Gale Reference Team
Publication: Airguide Online (Magazine/Journal)
Date: October 16, 2006
Publisher: Thomson Gale
Page: NA

Distributed by Thomson Gale

Fantastic family fun: good news as we hit vacation time: With Rosie at the helm, the world keeps getting more hospitable to our families.(LIFE/STYLE)(Rosie ... (The national gay & lesbian newsmagazine)

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Fantastic family fun: good news as we hit vacation time: With Rosie at the helm, the world keeps getting more hospitable to our families.(LIFE/STYLE)(Rosie ... (The national gay & lesbian newsmagazine)
Matthew Link
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This digital document is an article from The Advocate (The national gay & lesbian newsmagazine), published by Thomson Gale on April 10, 2007. The length of the article is 1110 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Fantastic family fun: good news as we hit vacation time: With Rosie at the helm, the world keeps getting more hospitable to our families.(LIFE/STYLE)(Rosie O'Donnell )
Author: Matthew Link
Publication: The Advocate (The national gay & lesbian newsmagazine) (Magazine/Journal)
Date: April 10, 2007
Publisher: Thomson Gale
Issue: 983 Page: 52(2)

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Business Communication: Process and Product with JobSearch Express
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Business Communication: Process and Product with JobSearch Express
Mary Ellen Guffey
Manufacturer: South-Western Educational Publishing
ProductGroup: Book
Binding: Paperback

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ASIN: 0324149735

Business Communication : Process and Product With Jobsearch Express
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Mary Ellen Guffey
Manufacturer: South-Western Educational Publishing
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A Manager's Introduction to Tendering (British Association for Commercial & Industrial Education Books)
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A Manager's Introduction to Tendering (British Association for Commercial & Industrial Education Books)
Bob Lampitt
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Setting the Table: The Transforming Power of Hospitality in Business
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A Really Enjoyable GOOD Business Book

Restauranteurs and Managers get this book

He cares about his readers as much as his diners

One of the Great Ones

Delicious book on inspired management, filled with tasty tidbits

Setting the Table: The Transforming Power of Hospitality in Business
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Book Description
In October 1985, at age 27, Danny Meyer, with a good idea and scant experience, opened what would become one of New York City's most revered restaurants--Union Square Cafe. Little more than twenty years later, Danny is the CEO of one of the world's most dynamic restaurant organizations, which includes 11 unique dining establishments, each at the top of its game. How has he done it? How has he consistently beaten the odds and set the competitive bar in one of the toughest trades around?

In this landmark book, Danny shares the lessons he's learned while developing the winning recipe for doing the business he calls "enlightened hospitality." This innovative philosophy emphasizes putting the power of hospitality to work in a new and counterintuitive way: The first and most important application of hospitality is to the people who work for you, and then, in descending order of priority, to the guests, the community, the suppliers, and the investors. This way of prioritizing stands the more traditional business models on their heads, but Danny considers it the foundation of every success that he and his restaurants have achieved.

Full of behind-the-scenes history on the creation of Danny's most famous restaurants and the anecdotes, advice, and lessons he has accumulated on his long and ecstatic journey to the top of the American restaurant scene, Setting the Table is a treasure trove of innovative insights that are applicable to any business or organization.

Service with a Smile: Dishing with Danny Meyer

Is the customer always right? According to Danny Meyer, one of America's leading restauranteurs, the answer is no--but "they must always feel heard." Named one of the most influential New Yorkers of 2006 by New York magazine, Meyer, the founder and co-owner of 11 of Manhattan's most influential restaurants, including Union Square Cafe, Gramercy Tavern, Tabla, The Modern, Blue Smoke, and Shake Shack, has penned Setting the Table: The Transforming Power of Hospitality, a business book that reads like food lit and equal part personal memoir. Amazon.com senior editor Brad Thomas Parsons took some time from his daily long-distance day-dreaming of Shake Shack and caught up with the ever-gracious Danny Meyer over e-mail to ask about his new book, the Food Network, his favorite cookbooks, insider tips on dining out, and much more.

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Cases Problems and Materials on Bankruptcy (University Casebook Series)
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Douglas G. Baird , Thomas H. Jackson , and Barry E. Adler
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