Tag: rule of 70

Case Math

(Source: Flickr) In this post we outline some mathematical concepts that may prove useful for solving consulting case questions. 1. Break Even Analysis: Relevant when trying to decide whether to launch a new product or invest in a project with high fixed costs. 2. Customer Lifetime Value: Customer lifetime value is a prediction of the entire future […]

Tags break even analysis, case math, consulting, consulting interviews, customer lifetime value, Management Consulting, net present value, perpetuity, price elasticity of demand, Product Life Cycle, profit margin, return on investment, rule of 70

Skills, Tips, and Tactics

The Rule of 70

WORLD GDP is growing at 4% per year, how long will it take for world GDP to double? Your company’s revenue is growing at 10% per month, how long will it take for your company’s revenue to double? There is a simple rule of thumb that you can use to figure out roughly how long […]

Tags consulting, GDP growth, growth rate, Investing, Management Consulting, periods to double, revenue growth, rule of 70