A Weakness Of Breakeven Analysis Is That It Assumes
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MANAGERIAL ECONOMICS As per new syllabus for fifth semester, B A Davanagere University
Managerial Economics is indeed an off-shoot of the Second World War. Before the outbreak of this war, the study of economics was purely an academic exercise, while business was a pure practice based on common practical sense of human mind. The Second World War created a tremendous pressure on scarce economic resources of the world. Thus, the need for optimum utilization of resources intensified further, which ultimately gave birth to a new discipline popularly known as Managerial Economics.
Breakeven Analysis
Author: Michael E. Cafferky
language: en
Publisher: Business Expert Press
Release Date: 2010-08-11
This book explains the vocabulary of cost-volume-profit (breakeven) analysis (CVP), explores the breadth of applications of CVP, and illustrates the use of CVP concepts in a broad range of management and marketing scenarios. The book examines the proper identification of a 'unit', the various formulations of breakeven, profit planning using the breakeven formulas, and the application of CVP in sensitivity analysis. Each chapter will offer several important ingredients for a practical 'how to' approach: the type of data needed, the formula, how to calculate and interpret the math, a specific example followed by a brief review of the assumptions and limitations of that method.
Essential Business Studies A Level: AS Student Book for AQA
Author: Jonathan Sutherland
language: en
Publisher: Folens Limited
Release Date: 2008-05-25
Essential Business Studies features a thematic approach with a vibrant and accessible format to fully engage students. Activities and guidance on exam preparation, summary mindmaps and up-to-date, dynamic case studies are just some of the features helping to deliver the key course content. Whiteboard and Teacher Support CD-ROMs also available.