To view this page ensure that Adobe Flash Player version
9.0.124 or greater is installed.
曝光台 注意防骗 网曝天猫店富美金盛家居专营店坑蒙拐骗欺诈消费者
4 General Aviation’s Contribution To The U.S. Economy, MergeGlobal, May, 2006
THE “UBV” FRAMEWORK
Fundamental to the analysis of business aviation is a value framework which considers business aircraft utilization strategies, the range of financial and nonfinancial benefits that accrue to opera-tors, as well as the value drivers those benefits influence. In short, the construct recognizes that the “uses” or more formally, “utilization strategies” yield benefits which affect an enterprise’s value drivers. Abbreviated, this reduces to “Utilization yields Benefits which yield Enterprise Value” or “UBV.”
Figure 3: “UBV” = USE YIELDS BENEFITS WHICH YIELDS ENTERPRISE VALUE
This approach contributed markedly to the development of a series of assumptions and predicates:
..Business aircraft are assets whose contribution to the company’s financial and operational performance can be isolated from other assets in the organization’s portfolio.
..Within the S&P groups, distinct “Users” and “Nonusers” can be identified, allowing us to isolate the relative performance of each peer group, using information across a wide range of financial and operational indices.
..For companies experiencing rapid growth, there are no ready substitutes for business aircraft without diminishing performance or opportunity.
..Benefits accruing from use of business aircraft contribute directly to shareholder value cre-ation at multiple levels:
. Shareholder level (e.g., market share growth, profit growth, asset efficiency, etc.)
. Enterprise level (e.g., dimensions of improved quality, cost and time, etc.)
. Executive or employee level (e.g., team thinking, key resource leveraging, etc.)
..Interdependence (correlation) can be found among an organization’s aircraft utilization strat-egies, associated benefits, and key drivers of shareholder value. While companies may differ in their “core missions,” aircraft types, numbers, passenger types, etc., the UBV linkages should remain common across all industries.
中国公务机网 www.gongwuji.com
公务机翻译 www.aviation.cn
本文链接地址：BUSINESS AVIATION – AN ENTERPRISE VALUE PERSPECTIVE 2003 – 2009(11)
|
