Asked by Christine Fernandez on Feb 18, 2024



A CVP requires that you think about your business from the perspective of what group?

A) the employees
B) the investors
C) the customers
D) the operations team


People who populate the segments of a market served by the offering.

  • Understanding the needs and preferences of employees.
  • Identifying the expectations and goals of investors.
  • Analyzing the wants and demands of customers.

Verified Answer

Thomas Dennert

Feb 18, 2024

Final Answer :
Explanation :
CVP stands for Cost-Volume-Profit, and in order to determine the profitability of a business, you must focus on the perspective of the customers. This involves understanding the pricing strategy, sales volume, and how the customers' needs and preferences may impact the business's profitability. The other groups (employees, investors, operations team) are important, but they are not the primary focus when developing a CVP.