Operating Cost

Operating Cost is a financial concept that refers to the total expenses incurred in the regular operation of a business, which can include costs of goods sold, labor costs, and overhead costs. Coursera's Operating Cost catalogue teaches you about this critical aspect of financial management and business sustainability. You'll learn how to accurately calculate and analyze operating costs, understand their impact on profitability, and devise strategies to optimize and control these costs. Furthermore, you'll acquire knowledge on the role operating costs play in pricing strategies, budgeting, and financial forecasting. This skill is essential for roles such as financial managers, business analysts, entrepreneurs, or anyone looking to gain a deeper understanding of financial management in business.