Explain why break even point is important in health care organization
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This is important for anyone who manages a business, since the BEP is the lower limit of profit when prices are set and margins are determined. Break-even analysis, sometimes called cost-volume- profitanalysis, is an important analytical technique used to study relations among costs, revenues and profits.
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This is important for anyone who manages a business, since the BEP is the lower limit of profit when prices are set and margins are determined. Break-even analysis, sometimes called cost-volume- profitanalysis, is an important analytical technique used to study relations among costs, revenues and profits.
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