Title: Hrm Functions
|Date:||March 15, 2009|
|Length:||6 / 1653|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
At its simplest, the tool is used as its name suggests: to determine the volume at which a company's costs will exactly equal its revenues, therefore resulting in net income of zero, or the "break-even" point. Perhaps more useful than this simple determination, however, is the understanding gained through such analysis of the variable and fixed nature of certain costs...
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Perhaps more useful than this simple determination, however, is the understanding gained through such analysis of the variable and fixed nature of certain costs. Break-even analysis forces the small business owner to research, quantify, and categorize the company's costs into fixed and variable groups...
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