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State the importance of break even analysis in business decisions?
Wiki User
∙ 12y ago
To decide the amount of units must be produced, in order to reach the break-even point, in where the total revenues r equal to the total costs. And it helps the firm to set the best price for those output also.
Wiki User
∙ 12y ago
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State the importance of political environment in business?
The importance of political environment in a business setting is the regulation of the business. Sometimes the government needs to regulate a business to make sure all customers of that business are treated fairly. Regulations are also in place to make sure the business pays appropriate taxes and obeys government regulations that protect the environment.
What is importance of state?
Mesopotamia was one of the first civilizaions.
In which economic system does the government make most economic decisions?
command economy
What mayor aspect of ga climate influences business and industry to move into the state?
what major aspect of Georgia's' climate influences business and industry to move into the state
In the united state which group actually makes most of the economic decisions?
The Consumers
What is branding and state its importance and objectives?
Branding is the process in which a person or a business creates a name for themselves. The best way to state it's importance and objectives is that it is the one way to create a name for a business so that everyone knows what it is.
How would you then justify the existence of well-paid financial analysts in all countries?
Analysts reduce the costs of risk by dessiminating information and analysis about the actual state of financial markets. When the state of the market has less viable information and is thus unknown, the 'game state' is Bayseian and inoptimal decisions are taken because peoples' incentive structure is different from the reality. In general, they will be more risk-averse and take safer decisions. With analysts, more information and analysis allows the true 'state' to become clear and thus optimal decisions to be attained.
State the importance of political environment in business?
The importance of political environment in a business setting is the regulation of the business. Sometimes the government needs to regulate a business to make sure all customers of that business are treated fairly. Regulations are also in place to make sure the business pays appropriate taxes and obeys government regulations that protect the environment.
What is brand analysis used for?
Brand analysis is the procedure on comprehensively collecting qualitative and quantitative information from all available sources and assessing it to determine the state and perception of a particular brand. Brand analysis is used alongside competitor analysis and target analysis in order to make decisions which will maximise the financial benefit of the brand without sacrificing reputation.
What is the importance of the state of the United States?
The capital of the US, and any country, has great importance. It is the head of government for the country and almost all official business is conducted here.
What is an Assembly and Council?
An assembly is a meeting of the citizens. A council is a group who conduct state business in between the meetings of the assembly, and implement its decisions.
The Importance of Powerful Business Computers?
By choosing a state of the art computer for your business, you can amplify and accelerate the productivity of your work-space. For this reason, take care to select the best business computers available to you.
How is statistics applied in management?
Statistics has huge application in business and these are used to help in taking managerial decisions by the managers. Moreover, there are many statistical formulas which make too much convenience in taking managerial decisions. They are also helpful in calculating GDP of a business or state.
What is the importance of a mesopatania city-state?
what is the importance of a city-state?
Who is a government free economy where consumers and business owners control the economy decisions?
United state of America
What is the importance of policy recommendations in state and federal government?
Policy recommendations help the state and federal government to make informed decisions when formulating new policies. It can provide a clear insight into some things that may be missed out.
The impotance of management in governing state?
what is the importance of management in governing a state? what is the importance of management in governing a state?
