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The Relationship between Cost-Volume Profit Management and Profitability in Private Organizations

Journal: International Journal of Advanced Engineering Research and Science (Vol.4, No. 4)

Publication Date:

Authors : ;

Page : 281-288

Keywords : unit; Cost-volume profit Management; Profitability; behavior; organization.;

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Abstract

The study showed that Phoenix academy employees staff with appropriate skills and experience, has the right number of staff purchase school items only when required, have measures to counter school defaulters, do not keep variable cost-volume profits below 30% of incomes, do not take staff for further training, outsource some staff and that the school gives allowances to staff. The study revealed that the school use sales maximization approach to profits they do aim at profit maximization, their profits do not grow steadily over the years, profits are considered basing on the revenues and investments and do not keep profits at 25% of revenues.

Last modified: 2017-05-04 22:10:06