A cost-volume strategy is a business approach that focuses on analyzing the relationship between a company’s costs and its sales volume in order to make informed decisions about pricing, production, and profitability. This strategy involves understanding how changes in sales volume can impact a company’s costs and how adjusting costs can affect sales volume. By utilizing this strategy, businesses can optimize their operations and maximize their profits by finding the most efficient balance between costs and sales volume. This approach is especially useful for companies that have high fixed costs and need to carefully manage their variable costs in order to remain competitive in the market. Overall, a cost-volume strategy is a crucial tool for businesses looking to achieve long-term financial success.