All businesses should pay close attention to understanding the costs associated with the way the business operates, how these costs should impact prices of the business’s products, and ways to manage these costs.
In this topic, you will learn about how costs are classified, how to determine the profitability of your business and whether it makes business sense to expand your business operations, and the types of costs that a business is able to manage and control. Understanding how to address each of these issues is critical to the success of your business.
|Introduction to Cost Management (eLearning)||10 Min|
|Classifying Costs (eLearning)||15 Min|
|Profitability, Cost Analysis and Business Expansion (eLearning)||25 Min|
|Controlling Costs (eLearning)||15 Min|