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The power of statistics in business management


Management and numbers go together like Scylla and Charybdis.

Every manager knows that numbers, above all financial digits, are the essential guides which steer them between the rock of missing or fumbling real commercial opportunity and the hard place of serious business failure. True, 'soft' issues are important, even fundamental, but it's the 'hard' verdicts of the numbers that are decisive in the end – or so the conventional view holds.


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