Low-Cost Players

Financial calculations of low-cost players are different from established companies. Their business models turn smaller gross margins into higher operating margins and hence impressive returns on assets. No wonder their capitalisations are oft en higher than industry leaders. They have also created tremendous wealth. Twelve of the top twenty five in the Forbes’s list of the world’s richest people in 2006 made their fortunes by creating (or inheriting) low-cost businesses.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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