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Business Finance and Arithmetic — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipBusiness Finance and Arithmetic3 Marks
Question
An entrepreneur can use the information generated from break-even analysis in making a wide range of business decisions. What are they?
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Answer

An entrepreneur can use the information generated from break-even analysis in making a wide range of business decisions, such as:
  1. Setting prices.
  2. Preparing competitive bids.
  3. Applying for loans.
  4. Profit planning.
  5. Goal setting.

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