What is the simple use of break-even thinking in a food enterprise?
Answer and explanation
Correct answer: Understanding at what sales level costs will be covered
Break-even helps understand minimum sales needed for business. In exams, remember cost and revenue relation.
Frequently asked questions
What is the correct answer to this question?
Understanding at what sales level costs will be covered
Why is this the correct answer?
Break-even helps understand minimum sales needed for business. In exams, remember cost and revenue relation.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Indian cuisine.