Watch the video for reference then answering the questions. https://www.youtube.com/watch?v=ZihWEVWCJYk (1).What is the break-even point for
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Question:
Watch the video for reference then answering the questions.
https://www.youtube.com/watch?v=ZihWEVWCJYk
(1).What is the break-even point for a business?Please share any interesting point that you learn from this video.
(2). Some people say, "Breakeven analysis isn't very useful because companies need to do more than breakeven to survive in the long run. " Do you agree or disagree with this statement? Why?
(3). Please use one example (either from a business or your personal experience) to explain why break-even analysis is important to decision-making.
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