Cost
Revision as of 15:32, 30 July 2012 by Clement Chatelet (talk | contribs) (Created page with "A '''cost''' is the value of money spent to serve a customers. The more costs you have for serving a customer, the less profit you will draw from selling your products/services t...")
A cost is the value of money spent to serve a customers. The more costs you have for serving a customer, the less profit you will draw from selling your products/services to this particular customers.
Costs may be direct/indirect and fixed/variable.