The Classic Cost-Volume-Profit, a Possible Useful Tool in Providing Performance for the Tourism Units Cover Image

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 Răvaş
Subject(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.

  • Issue Year: 2013
  • Issue No: 20
  • Page Range: 102-107
  • Page Count: 6
  • Language: English
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