Search results for "Gross profit"
showing 3 items of 3 documents
Profit Margin Ratio, Markup, Profit Margin Per Unit, Economic Profit, and Profitability as Objectives for the Firm: An Economic Point-of-View
2015
We study five operational objectives for the firm: three marketing objectives (maximizing profit-margin ratio, maximizing markup, and maximizing profit-margin-per-unit), and two financial objective (maximizing economic profit (i.e., EVA) and maximizing profitability), as alternatives to the scholarly objective of maximizing profit. We prove that (i) Sales are lowest for profit-margin-per-unit, intermediate for profit-margin ratio and markup, and highest for profit maximization. Input consumption, including labor, is lower. Prices are in the reverse order. In terms of profit, profit-margin ratio, markup, and profit-margin-per-unit are necessarily less efficient than the classical profit maxi…
The use of a spatial model of economic efficiency to predict the most likely outcomes under different fishing strategy scenarios
2021
The current European Union has been progressively implementing since January 2014 a discard ban which includes the obligation to land unwanted catch for certain regulated species and sizes. Although a full enforcement of the landing obligation has a direct impact on discard reduction through more responsible and selective fishing, fishers argue that it will prompt both a decrease in incomes and an increase in working time onboard. Thus, the measure is in a hold in south-western waters due to the difficulties to implement the ban in mixed fisheries This paper analyzes some possible scenarios which fishers could face under the landing obligation. It is shown the construction of a spatial bio-…
Profit change and its drivers in the English and Welsh water industry: is output quality important?
2014
Abstract The assessment of profit change over time and its drivers is essential to analyse firms' financial performance. This paper investigates profit change and its components for the 10 English and Welsh water and sewerage water companies over the period 1991–2008 and for three regulatory sub-periods. Profit changes and their drivers are computed following two approaches, namely: without controlling for water and sewerage quality issues, and after decomposing the output effect into high quality and low quality output effect. In both cases, profit change is decomposed into various factors such as quantity and price effect, technical change, efficiency change, resource mix, product mix, an…