![]() If the owners knew exactly how many customers would come in each evening and the number and type of meals that they would order, they could ensure that staffing levels were exactly accurate and no waste occurred in the kitchen. If only we could look into a crystal ball and find out exactly how many customers were going to buy our product, we would be able to make perfect business decisions and maximise profits. In any business, or, indeed, in life in general, hindsight is a beautiful thing. ![]() An introduction to professional insightsĬost-volume-profit analysis looks primarily at the effects of differing levels of activity on the financial results of a business.Virtual classroom support for learning partners.Becoming an ACCA Approved Learning Partner. ![]()
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