| Abstract |
We use mathematical formula to solve most of our everyday life problems.
Many people have a fear of mathematical formulas and calculation. How do
small businesses handle their retailing business problems? Since their
businesses involve lower amount, they can’t afford to employ an accountant
to assist them. Besides this, students who learn retail business mathematics
also have problems remembering so many related formulas. Retail Business
Calculation Roller / Ruler (REBCAR) is a teaching and learning tool and also
a business tool. In teaching and learning, the handy REBCAR helps
lecturers to explain the concept of retail business mathematics and assists
students to learn this topic without the need to remember the formulas. This
instrument will guide them to understand the concept of retail business and
solve related problems easily. As a business tool, it helps small businesses
to manage every aspect of the business taking the role of an “accountant’
to assist them to compute and manage their businesses. The uniqueness of
the instrument is the flexibility of gliding or rotating the different parts of the
instrument which represent different variables in retail business. Each
variable has an individual scale and the users do not need to do any
calculation. The total amount can be displayed immediately. Beside this,
the REBCAR is also very user friendly. It can be operated by anyone
without much knowledge in mathematics. The REBCAR can help small
businesses especially those from rural areas to perform their “accountantâ€
role to compute their business-related variables. It also assists lecturers to
teach and students to learn retail business mathematics. Therefore, this
product is marketable both in the local and global market. |