{"id":31649,"date":"2023-12-07T10:54:21","date_gmt":"2023-12-07T10:54:21","guid":{"rendered":"https:\/\/masterskills.org\/blog\/rui-ro-kinh-doanh-business-risks-trong-chung-khoan-la-gi.html"},"modified":"2023-12-23T09:39:06","modified_gmt":"2023-12-23T02:39:06","slug":"rui-ro-kinh-doanh-business-risks-trong-chung-khoan-la-gi","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/rui-ro-kinh-doanh-business-risks-trong-chung-khoan-la-gi.html","title":{"rendered":"R\u1ee7i ro kinh doanh (Business risks) trong ch\u1ee9ng kho\u00e1n l\u00e0 g\u00ec?"},"content":{"rendered":"
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H\u00ecnh minh ho\u1ea1 (Ngu\u1ed3n: stakeholdermap)<\/p>\n<\/div>\n<\/div>\n

R\u1ee7i ro kinh doanh<\/font><\/b><\/h2>\n

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

R\u1ee7i ro kinh doanh<\/b> trong ti\u1ebfng Anh \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0\u00a0business risks.<\/b><\/p>\n

R\u1ee7i ro kinh doanh l\u00e0 s\u1ef1 bi\u1ebfn \u0111\u1ed9ng gi\u00e1 ch\u1ee9ng kho\u00e1n do nh\u1eefng thay \u0111\u1ed5i trong ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ee7a doanh nghi\u1ec7p. Nh\u1eefng thay \u0111\u1ed5i n\u00e0y c\u00f3 th\u1ec3 do c\u00e1c t\u00e1c \u0111\u1ed9ng t\u1eeb b\u00ean trong doanh nghi\u1ec7p, ho\u1eb7c c\u00e1c t\u00e1c \u0111\u1ed9ng t\u1eeb b\u00ean ngo\u00e0i.\u00a0<\/p>\n

Nh\u1eefng thay \u0111\u1ed5i n\u00e0y l\u00e0m thay \u0111\u1ed5i doanh thu, l\u1ee3i nhu\u1eadn c\u1ee7a doanh nghi\u1ec7p, t\u1eeb \u0111\u00f3 l\u00e0m thay \u0111\u1ed5i gi\u00e1 c\u1ed5 phi\u1ebfu. R\u1ee7i ro kinh doanh s\u1ebd \u0111\u01b0\u1ee3c \u0111o l\u01b0\u1eddng b\u1eb1ng s\u1ef1 thay \u0111\u1ed5i c\u1ee7a thu nh\u1eadp th\u1ef1c t\u1ebf so v\u1edbi thu nh\u1eadp d\u1ef1 ki\u1ebfn c\u1ee7a doanh nghi\u1ec7p.<\/p>\n

C\u1ea7n l\u01b0u \u00fd, l\u1ee3i nhu\u1eadn c\u1ee7a doanh nghi\u1ec7p l\u00e0 ch\u1ec9 ti\u00eau c\u00f3 t\u00ednh danh ngh\u0129a v\u00e0 b\u1ecb \u1ea3nh h\u01b0\u1edfng c\u1ee7a ph\u01b0\u01a1ng ph\u00e1p k\u1ebf to\u00e1n, h\u01a1n n\u1eefa, n\u00f3 ch\u01b0a ph\u1ea3n \u00e1nh thu nh\u1eadp c\u1ee7a c\u1ed5 \u0111\u00f4ng t\u01b0\u01a1ng \u1ee9ng v\u1edbi m\u1ed7i c\u1ed5 phi\u1ebfu.\u00a0<\/p>\n

Do v\u1eady, \u0111\u1ec3 t\u1ea1o c\u01a1 s\u1edf tham chi\u1ebfu v\u00e0 so s\u00e1nh, c\u1ea7n \u0111i\u1ec1u ch\u1ec9nh s\u1ed1 li\u1ec7u k\u1ebf to\u00e1n ph\u00f9 h\u1ee3p v\u00e0 chi ti\u00eau thu nh\u1eadp c\u1ee7a m\u1ed7i c\u1ed5 phi\u1ebfu EPS s\u1ebd c\u00f3 gi\u00e1 tr\u1ecb cao h\u01a1n trong ph\u00e2n t\u00edch.\u00a0<\/p>\n

Nguy\u00ean nh\u00e2n d\u1eabn t\u1edbi r\u1ee7i ro<\/font><\/b><\/h3>\n

R\u1ee7i ro kinh doanh c\u00f3 th\u1ec3 xu\u1ea5t hi\u1ec7n do y\u1ebfu t\u1ed1 n\u1ed9i sinh ho\u1eb7c y\u1ebfu t\u1ed1 ngo\u1ea1i sinh.<\/p>\n

– Y\u1ebfu t\u1ed1 n\u1ed9i sinh<\/b> ph\u00e1t sinh trong qu\u00e1 tr\u00ecnh v\u1eadn h\u00e0nh ho\u1ea1t \u0111\u1ed9ng c\u1ee7a doanh nghi\u1ec7p, nh\u01b0: y\u1ebfu t\u1ed1 qu\u1ea3n l\u00ed, c\u01a1 c\u1ea5u v\u00e0 ch\u1ea5t l\u01b0\u1ee3ng t\u00e0i s\u1ea3n.\u00a0<\/p>\n

Ch\u1eb3ng h\u1ea1n, s\u1ef1 thay \u0111\u1ed5i nh\u00e2n s\u1ef1 h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb v\u00e0 ban gi\u00e1m \u0111\u1ed1c, s\u1ef1 thay \u0111\u1ed5i c\u01a1 c\u1ea5u s\u1edf h\u1eefu, c\u01a1 c\u1ea5u t\u1ed5 ch\u1ee9c s\u1ebd t\u00e1c \u0111\u1ed9ng t\u1edbi thu nh\u1eadp c\u1ee7a doanh nghi\u1ec7p, t\u1eeb \u0111\u00f3 t\u00e1c \u0111\u1ed9ng t\u1edbi gi\u00e1 c\u1ed5 phi\u1ebfu.\u00a0<\/p>\n

Khi doanh nghi\u1ec7p l\u1ef1a ch\u1ecdn \u0111\u01b0\u1ee3c \u0111\u1ed1i t\u00e1c chi\u1ebfn l\u01b0\u1ee3c t\u1ed1t, t\u1ea1o c\u01a1 h\u1ed9i m\u1edbi trong ho\u1ea1t \u0111\u1ed9ng kinh doanh, doanh thu s\u1ebd t\u0103ng c\u00f9ng v\u1edbi chi ph\u00ed gi\u1ea3m l\u00e0m t\u0103ng l\u1ee3i nhu\u1eadn.\u00a0<\/p>\n

L\u01b0\u1ee3ng t\u00e0i s\u1ea3n d\u00e0i h\u1ea1n l\u1edbn th\u1ec3 hi\u1ec7n n\u0103ng l\u1ef1c s\u1ea3n xu\u1ea5t cao, song chi ph\u00ed c\u1ed1 \u0111\u1ecbnh l\u1edbn, doanh nghi\u1ec7p s\u1ebd kh\u00f3 kh\u0103n trong \u0111i\u1ec1u ch\u1ec9nh s\u1ea3n xu\u1ea5t \u0111\u1ec3 \u0111\u1ed1i ph\u00f3 v\u1edbi nh\u1eefng thay \u0111\u1ed5i c\u1ee7a chu k\u00ec kinh t\u1ebf.\u00a0<\/p>\n

Khi kinh t\u1ebf suy tho\u00e1i, doanh nghi\u1ec7p kh\u00f3 kh\u0103n trong c\u1eaft gi\u1ea3m chi ph\u00ed v\u00e0 ng\u01b0\u1ee3c l\u1ea1i, kh\u00f3 m\u1edf r\u1ed9ng kinh doanh khi th\u1ecb tr\u01b0\u1eddng thu\u1eadn l\u1ee3i. Kh\u1ea3 n\u0103ng \u0111a d\u1ea1ng ho\u00e1 cao c\u0169ng gi\u00fap doanh nghi\u1ec7p c\u00f3 r\u1ee7i ro kinh doanh th\u1ea5p do \u0111a d\u1ea1ng ho\u00e1 ngu\u1ed3n thu t\u1eeb c\u00e1c lo\u1ea1i s\u1ea3n ph\u1ea9m v\u00e0 d\u1ecbch v\u1ee5 kh\u00e1c nhau.\u00a0<\/p>\n

Nh\u1eefng doanh nghi\u1ec7p c\u00f3 qui m\u00f4 l\u1edbn, kinh doanh \u0111a ng\u00e0nh s\u1ebd c\u00f3 r\u1ee7i ro kinh doanh th\u1ea5p h\u01a1n c\u00e1c doanh nghi\u1ec7p qui m\u00f4 nh\u1ecf do l\u1ee3i th\u1ebf qui m\u00f4 v\u00e0 l\u1ee3i th\u1ebf chuy\u00ean m\u00f4n ho\u00e1, chuy\u00ean nghi\u1ec7p ho\u00e1 c\u00f4ng t\u00e1c qu\u1ea3n l\u00ed.<\/p>\n

– Y\u1ebfu t\u1ed1 ngo\u1ea1i sinh<\/b> n\u1eb1m ngo\u00e0i s\u1ef1 ki\u1ec3m so\u00e1t c\u1ee7a doanh nghi\u1ec7p. M\u1ed7i doanh nghi\u1ec7p s\u1ebd c\u00f3 r\u1ee7i ro kinh doanh kh\u00e1c nhau, ph\u1ee5 thu\u1ed9c v\u00e0o m\u00f4i tr\u01b0\u1eddng ho\u1ea1t \u0111\u1ed9ng c\u1ee7a doanh nghi\u1ec7p.\u00a0<\/p>\n

Khi m\u00f4i tr\u01b0\u1eddng ho\u1ea1t \u0111\u1ed9ng thay \u0111\u1ed5i, ch\u1eb3ng h\u1ea1n: s\u1ef1 thay \u0111\u1ed5i ch\u00ednh s\u00e1ch t\u00edn d\u1ee5ng, ch\u00ednh s\u00e1ch l\u00e3i su\u1ea5t, s\u1ef1 c\u1eaft gi\u1ea3m tr\u1ee3 c\u1ea5p hay \u01b0u \u0111\u00e3i c\u1ee7a Nh\u00e0 n\u01b0\u1edbc v\u00e0 \u0111\u1ecba ph\u01b0\u01a1ng, s\u1ef1 thay \u0111\u1ed5i thu\u1ebf, nh\u1eefng thay \u0111\u1ed5i trong ng\u00e0nh, s\u1ef1 ph\u00e2n b\u1ed5 l\u1ea1i d\u00e2n s\u1ed1, v\u1ea5n \u0111\u1ec1 t\u0103ng tr\u01b0\u1edfng v\u00e0 \u1ed5n \u0111\u1ecbnh kinh t\u1ebf, ho\u1eb7c thi\u00ean tai l\u00e0m doanh thu chi ph\u00ed c\u1ee7a doanh nghi\u1ec7p thay \u0111\u1ed5i, l\u00e0m thay \u0111\u1ed5i gi\u00e1 c\u1ed5 phi\u1ebfu.\u00a0<\/p>\n

Nh\u1eefng doanh nghi\u1ec7p c\u00f3 y\u1ebfu t\u1ed1 n\u1ed9i sinh t\u1ed1t s\u1ebd d\u1ec5 ch\u1ed1ng \u0111\u1ee1 tr\u01b0\u1edbc nh\u1eefng thay \u0111\u1ed5i c\u1ee7a m\u00f4i tr\u01b0\u1eddng b\u00ean ngo\u00e0i, ng\u01b0\u1ee3c l\u1ea1i, nh\u1eefng doanh nghi\u1ec7p c\u00f3 y\u1ebfu t\u1ed1 n\u1ed9i sinh k\u00e9m s\u1ebd d\u1ec5 b\u1ecb chi ph\u1ed1i b\u1edfi y\u1ebfu t\u1ed1 b\u00ean ngo\u00e0i.<\/p>\n

\u00a0(T\u00e0i li\u1ec7u tham kh\u1ea3o: Gi\u00e1o tr\u00ecnh Ph\u00e2n t\u00edch \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n. , NXB \u0110\u1ea1i h\u1ecdc Kinh t\u1ebf Qu\u1ed1c d\u00e2n)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n R\u1ee7i ro kinh doanh (ti\u1ebfng Anh: business risks) trong ch\u1ee9ng kho\u00e1n l\u00e0 s\u1ef1 bi\u1ebfn \u0111\u1ed9ng gi\u00e1 ch\u1ee9ng kho\u00e1n do nh\u1eefng thay \u0111\u1ed5i trong ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ee7a doanh nghi\u1ec7p.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31649"}],"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=31649"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31649\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}