Why are the concepts of leverage and break-even important for managers to understand?

In the first part, summarize the article (How Operating Leverage Can Impact a Business ) in two paragraphs, describing what you think are the most important points made by the authors (remember to use citations where appropriate)

In second part, please answer the following questions:

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1.1-Why are the concepts of leverage and break-even important for managers to understand in order to achieve the goals of Saudi Vision 2030?

2.2-Provide an example of how these concepts could be applied to a business with which you are familiar?

3.3-Explain how the article is related to these concepts mentioned above in the context of doing business in Saudi Arabia.

The link of article (How Operating Leverage Can Impact a Business):

https://www.investopedia.com/articles/stocks/06/opleverage.asp

-Use APA style

 

-2 pages is enough

-This link will be helpful: https://vision2030.gov.sa/en/node/5

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