Break-Even Analysis
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From Chapter 6:
Choose one of the options below to reflect on for this week’s post of approximately 175 words.
Option 1: Break-even analysis is an important tool for managing any business, including colleges and universities. Identify two areas where break-even analysis might be used at your current/previous college or university. For each area, identify some of the revenues, variable costs, and fixed costs
Option 2: Break-even analysis is an important tool for managing any business. Consider the company you currently work for or a company you would like to work for in the future. Identify two areas where break-even analysis might be used. For each area, identify some of the revenues, variable costs, and fixed costs.
You are encouraged to draw on your course material, knowledge, and personal and/or professional experience(s) as to how this issue impacts your workplace, organization, professional life, or the economy. While not required, feel free to properly cite the textbook or pull in outside references (include a direct link to the article) to support your conclusions.
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