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Banking - fixed and variable costs

Banking costs fixed costs variable costs
Most recent answer on Aug 30, 2022
The best answer (on Aug 20, 2022) is from:
Lucie
Expert
10+yrs recruiting & BCG Project leader
Lucie
Expert
 gave the best answer on Aug 20, 2022
10+yrs recruiting & BCG Project leader
Hi there,  I am not banking expert, but I would guess banking has probably very low variable cost and high fix cost and it declines with scale. I guess most cost can be saved with AI and digitalization, allowing banks t ... (read entire answer)
6
Answers
3.5 k
Views
25
Total Upvotes
on Aug 30, 2022 on Aug 30, 2022
Last Activity

Examples of Variable Costs in the Media & Entertainment Industry?

variable costs
Most recent answer on Aug 29, 2021
The best answer (on Aug 29, 2021) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
 gave the best answer on Aug 29, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Honestly, there aren't many and it does depend on what sector of TMT we're talking about (I'm assuming content production here). When you think about it, what's our unit? A movie or a show? If you treat it that way, act ... (read entire answer)
2
Answers
1.3 k
Views
22
Total Upvotes
on Aug 29, 2021 on Aug 29, 2021
Last Activity

How to know when to use (fixed & variable cost) vs. (direct & indirect cost)?

fixed costs profitability profitability analysis variable costs
Most recent answer on Jul 31, 2021
The best answer (on Jul 30, 2021) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
 gave the best answer on Jul 30, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Ultimately, it depends on the case. Moreover, I personally actually don't like either..."I'd like to segment by FC and VC" and "I'd like to segment by direct and indirect costs" is just incredibly generic an ... (read entire answer)
2
Answers
918
Views
17
Total Upvotes
on Jul 31, 2021 on Jul 31, 2021
Last Activity

Inventory Costs: how to segment?

Cases fixed costs Fixed or Variable inventory Practice cases variable costs
Recent activity on May 23, 2020
The best answer (on May 23, 2020) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
 gave the best answer on May 23, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, I'm going to provide you with FC vs VC segmentation, because this is the classic form. But, remember, this isn't the end all be all! If the case is about addressing these with a combination of technology a ... (read entire answer)
3
Answers
2.2 k
Views
13
Total Upvotes
on May 23, 2020 on May 23, 2020
Last Activity

Airlines cost segmentation

airline Airline Economics costs fixed costs segmentation variable costs
Most recent answer on Feb 28, 2020
The best answer (on Feb 28, 2020) is from:
Luca
Expert
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached
Luca
Expert
 gave the best answer on Feb 28, 2020
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached
Hello Theo, Thi is fine, but consider that the differentiation between fixed and variable costs is fundamental when you have to do some considerations involving variable volumes. Best, Luca
6
Answers
2.5 k
Views
10
Total Upvotes
on Feb 28, 2020 on Feb 28, 2020
Last Activity

Brainstorming: What are important costs that should be known?

BCG fixed costs MBB McKinsey variable costs
Recent activity on Jan 30, 2019
The best answer (on Jan 30, 2019) is from:
Sidi
Expert
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Sidi
Expert
 gave the best answer on Jan 30, 2019
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Hi! It really depends on the industry and even more on the business model! The above list seems to be quite centered around producing and selling a product. If you are considering service businesses, the cost buckets ... (read entire answer)
3
Answers
3.0 k
Views
7
Total Upvotes
on Jan 30, 2019 on Jan 30, 2019
Last Activity

Fixed or Variable Cost

fixed costs variable costs
Recent activity on Oct 12, 2018
The best answer (on Oct 12, 2018) is from:
Benjamin
Expert
ex-Manager - Natural and challenging teacher - Taylor case solving, no framework
Benjamin
Expert
 gave the best answer on Oct 12, 2018
ex-Manager - Natural and challenging teacher - Taylor case solving, no framework
Hi, You have two differentiate the type of employees here : - Blue collars : directly related to production volume > variable - white collars : blue collar management (semi-variable) and other indirect and sup ... (read entire answer)
3
Answers
2.4 k
Views
3
Total Upvotes
on Oct 12, 2018 on Oct 12, 2018
Last Activity

Fix & Variable Costs if you do not know the industry well - Ask?

fixed costs Fixed or Variable variable costs
Recent activity on May 02, 2018
The best answer (on Apr 30, 2018) is from:
Sidi
Expert
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Sidi
Expert
 gave the best answer on Apr 30, 2018
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Hi Anonymous, an interviewer would appreciate if you apply some common sense to the question. You can by all means state that you are unfamiliar with this particular industry, but that you extrapolate from XYZ industr ... (read entire answer)
4
Answers
3.6 k
Views
12
Total Upvotes
on May 02, 2018 on May 02, 2018
Last Activity

Some non traditional cost cutting measures in manufacturing facilities

fixed costs variable costs
Recent activity on Apr 04, 2018
Anonymous gave the best answer on Apr 02, 2018
Some ideas below: 1) Assess factory floor layout and redesign according to lean principles (this can be done at different levels of cost) to increase yield, reduce switching costs 2) Manufacture during low electrici ... (read entire answer)
3
Answers
2.9 k
Views
7
Total Upvotes
on Apr 04, 2018 on Apr 04, 2018
Last Activity

Fixed vs variable costs

fixed costs Fixed or Variable variable costs
Recent activity on Mar 26, 2018
Anonymous gave the best answer on Mar 26, 2018
The costs you are talking about is also known as CAC - customer acquisition costs. There is literally *no* business where CAC is zero. You spend salespeople's time, marketing $s, advertising, or other $s to acquire this ... (read entire answer)
5
Answers
4.6 k
Views
11
Total Upvotes
on Mar 26, 2018 on Mar 26, 2018
Last Activity

Welche Kostentreiber kommen am häufigsten vor?

fixed costs Fixed or Variable Kosten variable costs
Recent activity on Mar 20, 2018
The best answer (on Mar 20, 2018) is from:
Sidi
Expert
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Sidi
Expert
 gave the best answer on Mar 20, 2018
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Hallo Anonym, also um da mal ein wenig Ordnung reinzubringen muss man zunächst einmal klarstellen, dass es unterschiedliche Arten gibt, Kosten zu klassifizieren. Die lassen sich dann gegebenenfalls per Matrix o.Ä. übe ... (read entire answer)
1
Answer
3.9 k
Views
10
Total Upvotes
on Mar 20, 2018 on Mar 20, 2018
Last Activity

Basic Cost Frameworks?

Cost reduction cost-benefit analysis fixed costs profitability cost reduction variable costs
Recent activity on Mar 08, 2018
The best answer (on Mar 08, 2018) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
 gave the best answer on Mar 08, 2018
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, As a candidate, I've struggled a lot with cost reduction cases since most of the case books don't have them, while you can face these cases on the case interviews. This is especially relevant for McKinsey intervie ... (read entire answer)
2
Answers
4.8 k
Views
11
Total Upvotes
on Mar 08, 2018 on Mar 08, 2018
Last Activity
12 results

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