The Classic Cost-Volume-Profit, a Possible Useful Tool in Providing Performance for the Tourism Units
The Classic Cost-Volume-Profit, a Possible Useful Tool in Providing Performance for the Tourism Units
Author(s): Bogdan RăvaşSubject(s): Business Economy / Management, Micro-Economics, Tourism
Published by: Editura Universitaria Craiova
Keywords: costs; profit; equilibrium; tourism; entities;
Summary/Abstract: The managers of tourism units should be interested in breakeven because they want to avoid operating losses. Breakeven tell them what minimum benefits must perform to avoid losses. A cost-volume-profit analysis is also useful in tourism performance by reporting units resulting from performance sensitivity analysis performed.
Journal: Revista tinerilor economişti
- Issue Year: 2013
- Issue No: 20
- Page Range: 102-107
- Page Count: 6
- Language: English