Physical Distribution as a Business Risk
International Journal of Physical Distribution
ISSN: 0020-7527
Article publication date: 1 March 1976
Abstract
Business Risk Business risk is the risk, facing the investor, that a company's management will be able to generate sufficient net operating profit, after tax and before payment of fixed interest. The bottom line profit, i.e. net of interest, takes into account financial risk as well; however here we are not concerned with the financial gearing of the company, but solely in assessing business risk.
Citation
Ray, D. (1976), "Physical Distribution as a Business Risk", International Journal of Physical Distribution, Vol. 6 No. 5, pp. 262-274. https://doi.org/10.1108/eb014377
Publisher
:MCB UP Ltd
Copyright © 1976, MCB UP Limited