Lannion and co is engaged in providing and marketing a, Ask an Expert

Management Studies

Lannion and Co. is engaged in providing and marketing a standard advice service. Summarised results for the past two months reveal the following:

Sales (units of the service) Sales revenue (£) Operating profit (£)

October 200 5,000 1,000

November 300 7,500 2,200

There were no price changes of any description during these two months.

Required:

(a) Deduce the BEP (in units of the service) for Lannion and Co.
(b) State why the business might find it useful to know its BEP.

View complete question

Management Theories, Management Studies

Category:- Management Theories
Reference No.:- M91886837

Have any Question?Write your Review or question?

Related Questions in Management Theories

Questionthere is no consensus on a definition of complex

Question: There is no consensus on a definition of complex systems or complex adaptive systems. Both terms are frequently used interchangeably within the literature. Rather, it is much easier to look at the characteristi ...

Firm a has been dealing in baby food products for the past

Firm A has been dealing in baby food products for the past 10 years and enjoys a good market share. Suppose a new firm enters the market to capitalize on the increasing demand for such products. However, the products of ...

Show your work i already have my own answer and am trying

Show your work! I already have my own answer, and am trying to compare for accuracy. Graph needs to be included. Most graduate schools of business require applicants for admission to take the GMAT, the Graduate Managemen ...

What is the result of a price ceiling and why do some

What is the result of a price ceiling? And why do some consumers tend to favor price ceilings and others tend to oppose it?

Looking at leadership through complexityleading

Looking at Leadership Through Complexity Leading knowledge-based companies is different from leading industrial-based companies (Uhl-Bien & Marion, 2008). The authors noted "complexity leadership theory, a leadership par ...

Questionassume the role of presenter at a conference on

Question: Assume the role of presenter at a conference on organizational development, and then develop a PowerPoint presentation that addresses the following: Explain the importance of top-level leadership in organizatio ...

Think about one effective and one ineffective leader who

Think about one effective and one ineffective leader who you have encountered. Determine how each leader was effective or ineffective in his or her leadership styles and explain your reasoning with support from sources a ...

In chester barnards view an organisation can be efficient

In Chester Barnard's view, an organisation can be 'efficient' without being 'effective'. Discuss. Discuss your answer, with reference to the key relevant theoretical contributions and academic studies that were reviewed ...

Benchmark - community teaching plan community

Benchmark - Community Teaching Plan: Community Presentation Note: This is an individual assignment. Based on the feedback offered by the provider, identify the best approach for teaching. Prepare a presentation to accomp ...

Assume that a perfectly competitive firm has the following

Assume that a perfectly competitive firm has the following revenue and cost functions: TC= 5625 +5Q + 0.01Q^2 AVC=5 + 0.01Q MC=5 + 0.02Q TR=20Q A) what is the level of output that maximizes profits, if any? Compute profi ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Management Theories Expert