Which Three Pieces of Advice from the Chapter Stood Out

question 11

Essay

Which three pieces of advice from the chapter stood out to you the most as being helpful when considering disseminating your own work in a presentation?

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Definitions:

Sales Required

The minimum sales needed to achieve a specific financial goal or to cover costs.

Variable Cost

Costs that vary directly with the level of production or output.

Break-even Point

The level of production or sales at which total revenues equals total expenses, with no net loss or gain.

Contribution Margins

The amount remaining from sales revenue after all variable expenses have been deducted, indicating how much contributes to covering fixed costs and generating profit.