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\nPerforming Sensitivity Analysis for Business Profit Forecasts\n

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\nThis video is a lecture on sensitivity analysis and how businesses can use it to improve the accuracy and quality of profit forecasts. The lecture examines how the sensitivity analysis can help businesses prepare for negative scenarios...\nThis video is a lecture on sensitivity analysis and how businesses can use it to improve the accuracy and quality of profit forecasts. The lecture examines how the sensitivity analysis can help businesses prepare for negative scenarios and take advantage of positive outcomes by calculating profits based on various assumptions about prices, variable and fixed costs, and sales. The lecture also demonstrates how businesses can use sensitivity analysis to isolate the variable that has the most significant impact on their profitability and make informed decisions accordingly.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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8:37
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Grade
Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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business, variable costs, profit, profits, values
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Additional Tags

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a-level, section, quant, methods, 3.1.2, performing, sensitivity, analysis, lecture video, fixed costs, forecasted sales, sensitivity analysis, lowest level, positive outlook, positive outcome, final column, negative outcome, forecast variables, forecast outcome, expected outcome, profit level, variables move, profit forecast, case scenario, outcome, forecast, expected, price, case, product, difference, variable, scenario, forecasts
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Classroom Considerations

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Best For: Explaining a topic
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Performing Sensitivity Analysis for Business Profit Forecasts\" href=\"/subscription/new\">\"Performing\n\n
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