At what price can I offer my product? Will I achieve a positive contribution margin? What is the real cost of my project? Why does my department get allocated costs that I didn't even cause? How can I get a grip on the costs? Should we invest in the product, the machine, the advertising...? Are we reaching the break-even point? This module provides answers to these questions. If you book this lecture in addition to the German edition you automatically learn the necessary vocabulary to work in an international company.
• contribution margin
• Individual/overhead direct/indirect costs
• fixed costs / variable costs
• capacity utilisation
• economies of scale
• fixed cost degression
• internal activity allocation
• calculation, Short/long term price floor
• pricing policy, market types, price-demand function
• cost centre accounting, profit centre
• break-even-point, amortisation, ROI
You will understand business contexts, think and act entrepreneurially.
By understanding business terms, you will support your company by achieving its goals.
You will acquire the necessary vocabulary to understand complex business contexts
Managers of divisions, cost centres and profit centres
Executives, high potentials, project managers (e.g. technicians)
Assistants to the management and divisional management
Employees and managers who want to improve their business vocabulary