Orgtology studies workplace systems and dynamics with the aim to increase performance and ensure relevance. The word is a blend between "organisation" and the Greek word "-logy", meaning the science of organisation. An Orgtologist can help organisations to perform and stay relevant. It holds eight core theories that deal with orgtelligence; work; results; leadership; team dynamics; and intrapersonal wellbeing.
Orgamatics is an orgtology field of study. Through this, we use scientific method to create strategy and drive operational efficiency. In so, it is key to grasp organisational systems. This includes orgtelligence (systems intelligence & human intellect), work (processes & projects), and results (efficiency & effectiveness). The term blends the words, "organisation" and "mathematics". It denotes the mathematical construct of an organisation.
Organamics is an orgtology field of study. In this field, we study the effect that people dynamics have on organisations. People can be abstract, unpredictable, and innovative. In so, they create a dynamic that is hard to grasp. We call this the X-Factor. It creates intrapersonal relations, teamwork, and leadership. These dynamics can change the nature of an organisation. The term blends the words, "organisation" and "dynamics".
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Break Even Point | A breakeven point is the level where total revenues equals total expenses. In other words, the break-even point is the minimal accepted point of revenue for Org. Therefore, there is no profit or loss. The revenue of Org must cover its total fixed and variable expenses for a specified period. To calculate a BEP in units: BEP in Units = Fixed Costs / (Sales Price per Unit - Variable Cost per Unit). In efficiency, a breakeven point is where outputs equal inputs. In effectiveness a breakeven point is where relevance of an output equals the outputs produced. In economics it will be where supply is equal to demand.
General Description...Break-even (or break even), often abbreviated as B/E in finance, is the point of balance making neither a profit nor a loss. The term originates in finance but the concept has been applied in other fields.
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BEP |