Financial Strategy

Give examples of financial accounts

What do financial accounts usually comprise of?

Why are financial accounts inconsistent?

Why are real costs of products difficult to determine from financial accounts?

What is a cash flow statement used for?

What does the profit and loss account comprise of?

What are the 4 costing methods?

How does absorption costing work?

How does marginal costing work?

How does standard costing work?

How does activity based costing work?

How do you calculate breakeven unit number?

How do you calculate Breakeven revenue?

What is the equilibrium price?

What is inelastic demand?

What is elastic demand?

What is cost based pricing?

What is value based pricing?

What are some internal pricing factors?

What are some external factors?

What are some pricing and profit strategies?

What could add 'layers' to the profit chain?

What is market segmentation?

Give examples of market segments?

What are the 5 stages of a products life cycle?

What are porters 5 market forces

What is a firms ultimate aim?

What must maximising shareholder value align with?