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SCENARIO 14-7
The output below shows the results of cluster analysis on the different regions of the world (North
America, Asia Pacific, Western Europe, Central & Eastern Europe, Latin America, and Middle East
& Africa) based on the amounts (in billions of US dollars) and the percentage changes from prior year of business-to-consumer ecommerce sales last year.
-Referring to SCENARIO 14-7, Middle East & Africa is the next region that clusters with the Central & Eastern Europe and Latin America cluster.
Fixed Costs
Expenses that do not change with the level of production or sales activities over a specified period.
Accounting Break-even
The point at which total revenues exactly equal total expenses, and there is no profit or loss, from an accounting perspective.
Financial Break-even
The point at which total revenue equals total costs and expenses, leaving the company with no net profit or loss.
Variable Cost
Costs that move in correspondence with the quantity of products made or services sold.
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