What Is a Learning Management System;what Are It's Features and Why

question 56

Essay

What is a learning management system;what are it's features and why would an organization want to develop and use an LMS?

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Definitions:

Break Even

The point at which total costs and total revenue are equal, meaning there is no net loss or gain.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance.

Variable Cost

Variable cost refers to expenses that change in proportion to the activity or volume of production or sales in a business.

EBIT

A financial metric, Earnings Before Interest and Taxes, represents a company's earnings with all costs deducted except for interest and income taxes.