Explain why and how it is important for management to understand cost-volume-profit relationships (Do not provide definition for CVP).

Pick a publicly-traded company and exam the company products. If the company produces many products, please pick one important product and explain why and how it is important for management to understand cost-volume-profit relationships (Do not provide definition for CVP). Remember, a company can be selected once for the discussion.

Please use the public traded company Pfizer. You can use the Epi-Pen as the product.

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