Profitable Business (10cr)
Study unit code
General information
- Credits
- 10 cr
Objective
The student is able to
- use cost-volume-profit analysis to assess the profitability of an organization
- calculate costs and set prices for products and services
- analyze the income statement and balance sheet and calculate financial ratios to support decision making
- prepare budgets to support decision making
- calculate wages and identify various benefits
- plan procurement operations and understand how a company's profitability can be affected by purchasing
- calculate and solve problems in mathematical economics