Mathematics is an essential component of business management. Mathematics and business go hand in hand. This is due to the fact that business deals with money and money permeate everything. Everyone must handle money at some point in order to make judgments, which necessitates the knowledge of mathematics. Commercial organizations utilize business mathematics to record and manage company processes. Accounting, inventory management, marketing, sales forecasting, and financial analysis are all areas where mathematics is used in business. It teaches you…