1
Q
contribution per unit
A
selling price - variable costs per unit
2
Q
total contribution
A
contribution per unit x output
contribution per unit - selling price - variable costs
3
Q
total revenue
A
variable costs + contribution (or fixed costs)
4
Q
break even
A
fixed costs / contribution per unit
5
Q
margin of safety
A
actual output - breakeven
Business----------------------------
flashcards
Decks in class (22)
# Cards
-
1.1 - Meeting Customer Needs41
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1.2 The Market29
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1.3 Marketing risk and Strategy86
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1.4 Managing People100
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1.5 Entrepreneurs and Leaders110
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2.1 Raising Finance51
-
2.2 Financial Planning87
-
2.3 Managing Finance96
-
2.4 Resource management126
-
2.5 External Influences129
-
3.1 Business Objectives and Strategy62
-
3.2 Business Growth73
-
3.3 Decision-Making Techniques79
-
3.4 Influences of Business Decisions128
-
3.5 Assessing Competitiveness94
-
3.6 Managing Change57
-
4.1 Globalisation48
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4.2 Global Markets and Business Expansion39
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4.3 Global Marketing38
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4.4 Global Industries and Companies (Multinational Corporations)70
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equations5
-
pricing strategies6
