A way of showing the position of a firm's products in terms of their share of the market and in relation to the growth of its industry.
1 of 3
BREAKEVEN
The output at which a firm's total revenue is equal to its total costs. This is called the break-even point. At this point the business is making neither a profit nor a loss
2 of 3
BUSINESS CYCLE
Over a period of time business goes through a cycle. The cycle seems to have four phases:
Comments
No comments have yet been made