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Discuss question: Acct. 2242 - Discussion Board: Ch. 4 - CVP Step 1 Post a response to the discussion board. Respond to the following statements.
Discuss question:
Acct. 2242 - Discussion Board: Ch. 4 - CVP
Step 1Post a response to the discussion board.
Respond to the following statements. If appropriate, include personal experience in your response:
- The business world is constantly changing, and managers must prepare for increases in operating costs and compete with competitors on pricing and quality of products and services. Discuss how managers can use CVP to respond to changes in economic conditions.
- Give an example of how an airline such as Air Canada can use CVP to change sales prices or variable costs
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