Aim To enable managers to control the relationship between cost, price and volume.

Three factors determine profit - cost, price and volume. What isn’t so simple is balancing the relationship between the three. If the mere mention of fixed and variable costs, break-even points, contribution, depreciation, marginal and total absorption costing, brings a glazed look to your eyes it is likely that you have never seen this witty and brilliantly simple explanation.

Features and applications

• It explains how costs are calculated and their effect on the business
• It confirms the importance of controlling expenditure and revenue
• Assumes no prior knowledge of finance
• Plain English is used throughout

Key Features Include:
Leader's Guide

Key Skills:

• Money Management
• Asset Management
• Budgeting Skills
• Financial Skills
• Cash Flow Management