Below is a short video. The video:
- Defines three different types of Costs
- Explains the tool, Contribution Analysis
- Defines Breakeven and explains why it is a useful concept for managers
- Offer two example cases using contribution analysis
Please post any questions in the comments section below.
NOTE: The content in the above video was developed by my colleague Tom Pray. Tom and I deliver a program he created called DECIDE: An Enterprise Business Simulation. The video above was created a couple of years ago, but fully applies here.