Cost to build new website: treeslbm.com
Le Bon Marche, which runs a department store, launched its new internet website, treeslbm.com. Through this web site, E-shopping becomes available to customers and much information about the company can be offered. The launching cost is traceable for Le Bon Marche and Selective Retailing business segment.
- CommonCosts
-Cost for the LVMH headquarte
Examples – 소송, 상품적 결함, 다양한 기술적 혁신과 같은 특정기업에만 존재하는 고유의 위험
요구수익률에 거의 영향을 미치지 못한다.
- 분산투자를 통해 제거 가능하기 때문
예를들어,
위험투자의 주식시장의 가치가 국채를 10% 능가하고 주식의 Beta 계수가 1.25라고 할때
cost and differentiation competitive advantage with continuous improvement.
From Cost Leadership
Toyota has been made supplier and partner relationships driving low cost advantage. A common theme across the companies that base their strategy around low cost leadership is supplier relationships. In other words they have sufficient control over in-bound supplies and logistics. Their cost effec
costs, so we tend to assume that the operating leverage of firms within a business are similar and use the same unlevered beta for every firm. We use bottom-up beta that reflects firm’s financial leverage.
④ Lambda & Country risk premium
A lambda is about company exposure to country risk. There are three ways for estimating lambda: (1)source of revenues (2)manufacturing facilities (3)use
cost of goods sold 2,223 2,257 1,037 849 604
merchandise cost 1,844 2,048 941 775 585
ships management cost 216 159 91 72 17
others 2 2 3 1 -
loss from affiliate 159 48 1 1 2
gross profit 2 161 219 93 53
As you can see above, loss from affiliate in 2009 increased a lot compare to 2008. It means that there is insufficient information to evaluate operating performance just by income state