Difference between revisions of "Cost"

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m (Protected "Cost" ([edit=sysop] (indefinite) [move=sysop] (indefinite)))
m (Removed protection from "Cost")
 
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Latest revision as of 12:00, 10 January 2013

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.