{"id":28870,"date":"2023-12-07T05:25:50","date_gmt":"2023-12-07T05:25:50","guid":{"rendered":"https:\/\/masterskills.org\/blog\/don-bay-kinh-doanh-operating-leverage-ol-va-cong-thuc-dol.html"},"modified":"2023-12-23T06:06:59","modified_gmt":"2023-12-22T23:06:59","slug":"don-bay-kinh-doanh-operating-leverage-ol-va-cong-thuc-dol","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/don-bay-kinh-doanh-operating-leverage-ol-va-cong-thuc-dol.html","title":{"rendered":"\u0110\u00f2n b\u1ea9y kinh doanh (Operating Leverage – OL) v\u00e0 c\u00f4ng th\u1ee9c DOL"},"content":{"rendered":"
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H\u00ecnh minh h\u1ecda. Ngu\u1ed3n: educba.com<\/p>\n<\/div>\n<\/div>\n

\u0110\u00f2n b\u1ea9y kinh doanh<\/font><\/h2>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

\u0110\u00f2n b\u1ea9y kinh doanh<\/b> trong ti\u1ebfng Anh l\u00e0\u00a0Operating Leverage<\/b>, vi\u1ebft t\u1eaft l\u00e0 OL<\/b>.<\/p>\n

\u0110\u00f2n b\u1ea9y kinh doanh hay c\u00f2n g\u1ecdi l\u00e0 \u0111\u00f2n b\u1ea9y ho\u1ea1t \u0111\u1ed9ng l\u00e0 kh\u00e1i ni\u1ec7m \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 ph\u1ea3n \u00e1nh m\u1ee9c \u0111\u1ed9 \u1ea3nh h\u01b0\u1edfng c\u1ee7a k\u1ebft c\u1ea5u chi ph\u00ed kinh doanh c\u1ee7a doanh nghi\u1ec7p (k\u1ebft c\u1ea5u gi\u1eefa chi ph\u00ed kinh doanh c\u1ed1 \u0111\u1ecbnh v\u00e0 chi ph\u00ed kinh doanh bi\u1ebfn \u0111\u1ed5i) \u0111\u1ebfn l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 l\u00e3i vay khi doanh thu thay \u0111\u1ed5i.\u00a0<\/p>\n

V\u1edbi m\u1ed9t k\u1ebft c\u1ea5u chi ph\u00ed kinh doanh kh\u00f4ng thay \u0111\u1ed5i, \u0111\u1ed9 l\u1edbn c\u1ee7a \u0111\u00f2n b\u1ea9y kinh doanh cho ch\u00fang ta bi\u1ebft ph\u1ea7n tr\u0103m thay \u0111\u1ed5i c\u1ee7a l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 l\u00e3i vay khi doanh thu thay \u0111\u1ed5i 1%. \u0110\u1ed9 l\u1edbn c\u1ee7a \u0111\u00f2n b\u1ea9y kinh doanh c\u00f2n g\u1ecdi l\u00e0 \u0111\u1ed9 nghi\u00eang \u0111\u00f2n b\u1ea9y kinh doanh ho\u1eb7c m\u1ee9c \u0111\u1ed9 t\u00e1c \u0111\u1ed9ng c\u1ee7a \u0111\u00f2n b\u1ea9y kinh doanh, th\u01b0\u1eddng \u0111\u01b0\u1ee3c k\u00ed hi\u1ec7u l\u00e0 DOL (Degree of Operating Leverage)<\/b><\/i>.\u00a0<\/p>\n

(Theo Gi\u00e1o tr\u00ecnh Qu\u1ea3n tr\u1ecb kinh doanh, NXB \u0110\u1ea1i h\u1ecdc Kinh t\u1ebf qu\u1ed1c d\u00e2n<\/i>)<\/p>\n

\u0110o l\u01b0\u1eddng m\u1ee9c \u0111\u1ed9 \u0111\u00f2n b\u1ea9y kinh doanh\u00a0<\/font><\/span><\/h3>\n

M\u1ee9c \u0111\u1ed9 t\u00e1c \u0111\u1ed9ng c\u1ee7a \u0111\u00f2n b\u1ea9y kinh doanh \u0111o l\u01b0\u1eddng m\u1ee9c \u0111\u1ed9 thay \u0111\u1ed5i c\u1ee7a l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay v\u00e0 thu\u1ebf do s\u1ef1 thay \u0111\u1ed5i c\u1ee7a doanh thu ho\u1eb7c kh\u1ed1i l\u01b0\u1ee3ng h\u00e0ng b\u00e1n.\u00a0<\/p>\n

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N\u1ebfu g\u1ecdi:<\/p>\n

F: l\u00e0 chi ph\u00ed c\u1ed1 \u0111\u1ecbnh kinh doanh (kh\u00f4ng bao g\u1ed3m l\u00e3i vay)<\/p>\n

v: chi ph\u00ed bi\u1ebfn \u0111\u1ed5i 1 \u0111\u01a1n v\u1ecb s\u1ea3n ph\u1ea9m<\/p>\n

p: gi\u00e1 b\u00e1n \u0111\u01a1n v\u1ecb s\u1ea3n ph\u1ea9m<\/p>\n

Q: s\u1ed1 l\u01b0\u1ee3ng s\u1ea3n ph\u1ea9m b\u00e1n ra<\/p>\n

EBIT: l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay v\u00e0 thu\u1ebf<\/p>\n

\u0110\u1ed9 l\u1edbn c\u1ee7a \u0111\u00f2n b\u1ea9y kinh doanh t\u1ea1i m\u1ed9t m\u1ee9c doanh thu g\u1ed1c \u0111\u01b0\u1ee3c t\u00ednh theo c\u00f4ng th\u1ee9c sau:<\/p>\n

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Trong \u0111\u00f3:<\/p>\n

\u0394EBIT = EBIT1<\/sub> – EBIT0<\/sub><\/i>: l\u00e0 \u0111\u1ed9 gia t\u0103ng c\u1ee7a l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 l\u00e3i vay<\/p>\n

\u0394Q = Q1<\/sub> – Q0<\/sub><\/i>: l\u00e0 \u0111\u1ed9 gia t\u0103ng doanh thu<\/p>\n

Sau m\u1ed9t s\u1ed1 bi\u1ebfn \u0111\u1ed5i, ch\u00fang ta c\u00f3 c\u00f4ng th\u1ee9c sau:<\/p>\n

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T\u1eeb c\u00f4ng th\u1ee9c tr\u00ean ta th\u1ea5y, doanh nghi\u1ec7p n\u00e0o trong k\u1ebft c\u1ea5u chi ph\u00ed kinh doanh c\u00f3 ph\u1ea7n chi ph\u00ed c\u1ed1 \u0111\u1ecbnh l\u1edbn h\u01a1n th\u00ec c\u00f3 DOL<\/i> l\u1edbn h\u01a1n, khi \u0111\u00f3 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 l\u00e3i vay t\u0103ng nhi\u1ec1u h\u01a1n khi doanh thu t\u0103ng, ng\u01b0\u1ee3c l\u1ea1i s\u1ebd c\u00f3 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 l\u00e3i vay gi\u1ea3m nhi\u1ec1u h\u01a1n khi doanh thu gi\u1ea3m.<\/p>\n

R\u1ee7i ro gi\u1ea3m l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 l\u00e3i vay \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 r\u1ee7i ro kinh doanh. M\u1ed9t doanh nghi\u1ec7p c\u00f3 k\u1ebft c\u1ea5u chi ph\u00ed kinh doanh v\u1edbi ph\u1ea7n chi ph\u00ed kinh doanh c\u1ed1 \u0111\u1ecbnh l\u1edbn h\u01a1n s\u1ebd c\u00f3 nhi\u1ec1u c\u01a1 h\u1ed9i thu \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 l\u00e3i vay l\u1edbn h\u01a1n nh\u01b0ng g\u1eafn li\u1ec1n v\u1edbi n\u00f3 l\u00e0 r\u1ee7i ro kinh doanh c\u0169ng l\u1edbn h\u01a1n.\u00a0<\/p>\n

V\u00ed d\u1ee5 minh h\u1ecda<\/font><\/h3>\n

M\u1ed9t doanh nghi\u1ec7p chuy\u00ean s\u1ea3n xu\u1ea5t kinh doanh lo\u1ea1i s\u1ea3n ph\u1ea9m A, gi\u00e1 b\u00e1n \u0111\u01a1n v\u1ecb s\u1ea3n ph\u1ea9m l\u00e0 200.000 \u0111\u1ed3ng. Chi ph\u00ed c\u1ed1 \u0111\u1ecbnh kinh doanh l\u00e0 600 tri\u1ec7u \u0111\u1ed3ng; chi ph\u00ed bi\u1ebfn \u0111\u1ed5i l\u00e0 160.000 \u0111\u1ed3ng\/s\u1ea3n ph\u1ea9m. Y\u00eau c\u1ea7u x\u00e1c \u0111\u1ecbnh s\u1ea3n l\u01b0\u1ee3ng h\u00f2a v\u1ed1n kinh t\u1ebf v\u00e0 m\u1ee9c \u0111\u1ed9 t\u00e1c \u0111\u1ed9ng c\u1ee7a kinh doanh \u1edf m\u1ee9c s\u1ea3n l\u01b0\u1ee3ng 25.000 s\u1ea3n ph\u1ea9m A.<\/p>\n

C\u0103n c\u1ee9 s\u1ed1 li\u1ec7u tr\u00ean, s\u1ea3n l\u01b0\u1ee3ng h\u00f2a v\u1ed1n kinh t\u1ebf c\u1ee7a doanh nghi\u1ec7p s\u1ebd l\u00e0:<\/p>\n

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M\u1ee9c \u0111\u1ed9 t\u00e1c \u0111\u1ed9ng c\u1ee7a \u0111\u00f2n b\u1ea9y kinh doanh \u1edf m\u1ee9c s\u1ea3n l\u01b0\u1ee3ng s\u1ea3n xu\u1ea5t 25.000 \u0111\u01a1n v\u1ecb s\u1ea3n ph\u1ea9m l\u00e0:<\/p>\n

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M\u1ee9c \u0111\u1ed9 t\u00e1c \u0111\u1ed9ng c\u1ee7a \u0111\u00f2n b\u1ea9y kinh doanh ph\u1ea3n \u00e1nh khi doanh nghi\u1ec7p \u0111\u00e3 c\u00f3 m\u1ee9c s\u1ea3n xu\u1ea5t 25.000 s\u1ea3n ph\u1ea9m, n\u1ebfu t\u0103ng 1% kh\u1ed1i l\u01b0\u1ee3ng h\u00e0ng b\u00e1n s\u1ebd l\u00e0m t\u0103ng 2,5% l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay v\u00e0 thu\u1ebf. Ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu s\u1ea3n l\u01b0\u1ee3ng h\u00e0ng b\u00e1n gi\u1ea3m \u0111i 1% c\u0169ng s\u1ebd l\u00e0m gi\u1ea3m l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay v\u00e0 thu\u1ebf 2,5%.<\/p>\n

(Theo Gi\u00e1o tr\u00ecnh T\u00e0i ch\u00ednh doanh nghi\u1ec7p, NXB T\u00e0i ch\u00ednh<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Nghi\u00ean c\u1ee9u \u0111\u00f2n b\u1ea9y kinh doanh (ti\u1ebfng Anh: Operating Leverage, vi\u1ebft t\u1eaft: OL) c\u00f3 \u00fd ngh\u0129a quan tr\u1ecdng v\u1edbi c\u00e1c nh\u00e0 qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p, n\u00f3 gi\u00fap c\u00e1c nh\u00e0 qu\u1ea3n tr\u1ecb th\u1ea5y \u0111\u01b0\u1ee3c m\u1ed1i quan h\u1ec7 gi\u1eefa th\u1ecb tr\u01b0\u1eddng v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 \u0111\u1ea7u ra.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[416],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/28870"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=28870"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/28870\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=28870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=28870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=28870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}