Some suggest that Cost Volume Profit analysis (CVP) is a key to organizational success and one of the most important concepts you will learn in this course. Every strategic decision a company makes can be traced to its impact on CVP. Based on your readings and research, explain to the class why you now agree or disagree with these opinions on the importance of CVP. Cite specific examples of how CVP is used to defend your answer. Can you think of ways to apply CVP analysis to your workplace?