Bonita Wants to Sell Her Consulting Abilities to a Potential

question 5

True/False

Bonita wants to sell her consulting abilities to a potential client.She should use principles that are similar to those used in selling products and services.

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Definitions:

Break-Even Revenue

The amount of income needed to cover all operating expenses, with no profit or loss.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent or salaries.

Variable Cost

Costs that change in proportion to the good or service that a business produces.

Profit

The financial gain obtained when the revenue from selling goods or services exceeds the total cost of producing them.