{"id":9570,"date":"2026-04-09T17:40:36","date_gmt":"2026-04-09T09:40:36","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=9570"},"modified":"2026-04-09T17:40:41","modified_gmt":"2026-04-09T09:40:41","slug":"%e4%ba%a4%e6%98%93%e5%91%98%e5%8d%b3ceo%ef%bc%9a%e6%9e%84%e5%bb%ba%e5%85%a8%e7%94%9f%e5%91%bd%e5%91%a8%e6%9c%9f%e7%9a%84%e8%b5%84%e4%ba%a7%e8%b4%9f%e5%80%ba%e8%a1%a8%e7%ae%a1%e7%90%86","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/vi\/luu-tru\/9570","title":{"rendered":"Nh\u00e0 giao d\u1ecbch l\u00e0 CEO: X\u00e2y d\u1ef1ng b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n \u0111\u1ea7y \u0111\u1ee7 trong v\u00f2ng \u0111\u1eddi s\u1ea3n ph\u1ea9m"},"content":{"rendered":"

Trong nghi\u00ean c\u1ee9u v\u1ec1 tinh th\u1ea7n kh\u1edfi nghi\u1ec7p c\u1ee7a Ph\u00f2ng th\u00ed nghi\u1ec7m T\u00e0i ch\u00ednh H\u00e0nh vi WMAX, ch\u00fang t\u00f4i \u0111\u1ecbnh ngh\u0129a nh\u00e0 giao d\u1ecbch chuy\u00ean nghi\u1ec7p l\u00e0 m\u1ed9t \"c\u00f4ng ty TNHH m\u1ed9t th\u00e0nh vi\u00ean\" \u0111\u1eb7c bi\u1ec7t. T\u00e0i s\u1ea3n c\u1ed1t l\u00f5i c\u1ee7a c\u00f4ng ty n\u00e0y kh\u00f4ng ph\u1ea3i l\u00e0 thi\u1ebft b\u1ecb c\u1ee7a nh\u00e0 m\u00e1y m\u00e0 l\u00e0 \u201cv\u1ed1n con ng\u01b0\u1eddi\u201d (k\u1ef9 n\u0103ng, k\u1ef7 lu\u1eadt, t\u00e2m l\u00fd) v\u00e0 \u201ct\u00e0i s\u1ea3n h\u1eefu h\u00ecnh\u201d (qu\u1ef9 t\u00e0i kho\u1ea3n) c\u1ee7a th\u01b0\u01a1ng nh\u00e2n. Nhi\u1ec1u nh\u00e0 giao d\u1ecbch ch\u1ec9 t\u1eadp trung v\u00e0o b\u00e1o c\u00e1o l\u00e3i l\u1ed7 (P&L) m\u00e0 b\u1ecf qua t\u00ecnh tr\u1ea1ng c\u1ee7a b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n. M\u00f4 h\u00ecnh d\u1eef li\u1ec7u c\u1ee7a WMAX cho th\u1ea5y c\u00e1c nh\u00e0 giao d\u1ecbch c\u00f3 th\u1ec3 v\u01b0\u1ee3t qua phe b\u00f2 v\u00e0 phe g\u1ea5u c\u00f3 t\u1ef7 l\u1ec7 kh\u1ea5u hao \u201cv\u1ed1n nh\u00e2n l\u1ef1c\u201d c\u1ef1c th\u1ea5p v\u00e0 lu\u00f4n duy tr\u00ec chu k\u1ef3 \u201cd\u00f2ng ti\u1ec1n\u201d d\u01b0\u01a1ng. Thay \u0111\u1ed5i quan \u0111i\u1ec3m giao d\u1ecbch t\u1eeb \u201cthu l\u1ee3i nhu\u1eadn\u201d sang \u201cqu\u1ea3n l\u00fd doanh nghi\u1ec7p\u201d l\u00e0 b\u01b0\u1edbc \u0111\u1ea7u ti\u00ean h\u01b0\u1edbng t\u1edbi t\u00ednh chuy\u00ean nghi\u1ec7p.<\/p>\n

S\u1ef1 thay \u0111\u1ed5i quan \u0111i\u1ec3m n\u00e0y \u0111\u00f2i h\u1ecfi c\u00e1c nh\u00e0 giao d\u1ecbch ph\u1ea3i thi\u1ebft l\u1eadp t\u01b0 duy \u201cc\u01a1 s\u1edf d\u1ed3n t\u00edch\u201d. V\u00ed d\u1ee5, l\u1ee3i nhu\u1eadn \u00edt \u1ecfi m\u00e0 b\u1ea1n c\u00f3 \u0111\u01b0\u1ee3c t\u1eeb vi\u1ec7c d\u00e0nh 3 gi\u1edd theo d\u00f5i th\u1ecb tr\u01b0\u1eddng th\u1ef1c ch\u1ea5t l\u00e0 m\u1ed9t kho\u1ea3n th\u1ea5u chi t\u00e0i s\u1ea3n c\u1ed1t l\u00f5i l\u00e0 \u201cv\u1ed1n con ng\u01b0\u1eddi\u201d. WMAX khuy\u1ebfn ngh\u1ecb c\u00e1c nh\u00e0 giao d\u1ecbch n\u00ean ti\u1ebfn h\u00e0nh ki\u1ec3m tra th\u1ef1c t\u1ebf th\u01b0\u1eddng xuy\u00ean \u0111\u1ed1i v\u1edbi \"c\u00f4ng ty\" c\u1ee7a h\u1ecd: t\u00ednh to\u00e1n s\u1ea3n l\u01b0\u1ee3ng hi\u1ec7u qu\u1ea3 m\u1ed7i gi\u1edd, \u0111\u00e1nh gi\u00e1 t\u1ef7 l\u1ec7 kh\u1ea5u hao k\u1ef9 n\u0103ng v\u00e0 theo d\u00f5i t\u00ednh b\u1ec1n v\u1eefng c\u1ee7a d\u00f2ng ti\u1ec1n. Ch\u1ec9 b\u1eb1ng c\u00e1ch \u0111i\u1ec1u h\u00e0nh ho\u1ea1t \u0111\u1ed9ng kinh doanh th\u01b0\u01a1ng m\u1ea1i c\u1ee7a ri\u00eang m\u00ecnh nh\u01b0 m\u1ed9t c\u1eeda h\u00e0ng th\u1ebf k\u1ef7, b\u1ea1n m\u1edbi c\u00f3 th\u1ec3 th\u1ef1c s\u1ef1 ch\u1ed1ng ch\u1ecdi \u0111\u01b0\u1ee3c r\u1ee7i ro trong th\u1ecb tr\u01b0\u1eddng \u0111\u1ea7y gi\u00f4ng b\u00e3o.<\/p>\n

T\u00e1i c\u1ea5u tr\u00fac b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n: t\u1eeb v\u1ed1n \u0111\u1ebfn v\u1ed1n con ng\u01b0\u1eddi<\/p>\n

Theo quan ni\u1ec7m truy\u1ec1n th\u1ed1ng, ti\u1ec1n trong t\u00e0i kho\u1ea3n giao d\u1ecbch l\u00e0 t\u1ea5t c\u1ea3 t\u00e0i s\u1ea3n. Tuy nhi\u00ean, trong m\u00f4 h\u00ecnh v\u00f2ng \u0111\u1eddi \u0111\u1ea7y \u0111\u1ee7 c\u1ee7a WMAX, \u201cb\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n\u201d c\u1ee7a nh\u00e0 giao d\u1ecbch ch\u1ee9a hai m\u1ee5c c\u1ed1t l\u00f5i: \u201ct\u00e0i s\u1ea3n h\u1eefu h\u00ecnh\u201d (ti\u1ec1n m\u1eb7t, t\u00e0i kho\u1ea3n k\u00fd qu\u1ef9) \u1edf b\u00ean tr\u00e1i v\u00e0 \u201cv\u1ed1n con ng\u01b0\u1eddi\u201d (h\u1ec7 th\u1ed1ng giao d\u1ecbch, ch\u1ea5t l\u01b0\u1ee3ng t\u00e2m l\u00fd, th\u1eddi gian v\u00e0 n\u0103ng l\u01b0\u1ee3ng) \u1edf b\u00ean ph\u1ea3i. Nhi\u1ec1u ng\u01b0\u1eddi m\u1edbi t\u1eadp trung qu\u00e1 nhi\u1ec1u v\u00e0o vi\u1ec7c t\u0103ng gi\u00e1 v\u1ed1n \u1edf b\u00ean tr\u00e1i m\u00e0 b\u1ecf qua vi\u1ec7c gi\u1ea3m gi\u00e1 tr\u1ecb \u201cv\u1ed1n con ng\u01b0\u1eddi\u201d \u1edf b\u00ean ph\u1ea3i. Th\u1ee9c khuya theo d\u00f5i th\u1ecb tr\u01b0\u1eddng v\u00e0 ti\u00eau t\u1ed1n c\u1ea3m x\u00fac \u0111\u1ec1u \u0111ang \u0111\u1ea9y nhanh qu\u00e1 tr\u00ecnh kh\u1ea5u hao t\u00e0i s\u1ea3n c\u1ed1t l\u00f5i c\u1ee7a b\u1ea1n. Nghi\u00ean c\u1ee9u c\u1ee7a WMAX cho th\u1ea5y t\u00ecnh tr\u1ea1ng thi\u1ebfu ng\u1ee7 c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn sai s\u00f3t trong vi\u1ec7c \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh t\u0103ng 35%, v\u1ec1 c\u01a1 b\u1ea3n l\u00e0 b\u00e1n th\u00e1o t\u00e0i s\u1ea3n.<\/p>\n

V\u00ec v\u1eady, b\u01b0\u1edbc \u0111\u1ea7u ti\u00ean trong vi\u1ec7c ph\u00e2n b\u1ed5 t\u00e0i s\u1ea3n l\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o \u201cv\u1ed1n con ng\u01b0\u1eddi\u201d. WMAX khuy\u1ebfn ngh\u1ecb c\u00e1c nh\u00e0 giao d\u1ecbch \u0111\u1ea7u t\u01b0 10%-20% ng\u00e2n s\u00e1ch h\u00e0ng ng\u00e0y c\u1ee7a h\u1ecd v\u00e0o vi\u1ec7c c\u1ea3i thi\u1ec7n k\u1ef9 n\u0103ng, r\u00e8n luy\u1ec7n tinh th\u1ea7n v\u00e0 qu\u1ea3n l\u00fd s\u1ee9c kh\u1ecfe. \u0110\u00e2y kh\u00f4ng ph\u1ea3i l\u00e0 ti\u00eau d\u00f9ng m\u00e0 l\u00e0 s\u1ef1 t\u0103ng gi\u00e1 t\u00e0i s\u1ea3n. \u0110\u1ed3ng th\u1eddi, ch\u00fang ta ph\u1ea3i c\u1ea3nh gi\u00e1c v\u1edbi vi\u1ec7c t\u00edch l\u0169y \u201ct\u00e0i s\u1ea3n x\u1ea5u\u201d - ch\u1eb3ng h\u1ea1n nh\u01b0 m\u1ed9t chi\u1ebfn l\u01b0\u1ee3c \u0111\u00e3 thua l\u1ed7 l\u00e2u d\u00e0i nh\u01b0ng kh\u00f4ng ch\u1ecbu s\u1eeda \u0111\u1ed5i, gi\u1ed1ng nh\u01b0 m\u1ed9t b\u1ed9 ph\u1eadn thua l\u1ed7 trong c\u00f4ng ty kh\u00f4ng th\u1ec3 t\u1ea1o ra d\u00f2ng ti\u1ec1n v\u00e0 ph\u1ea3i tho\u00e1i v\u1ed1n ho\u1eb7c t\u1ed5 ch\u1ee9c l\u1ea1i k\u1ecbp th\u1eddi. M\u1ed9t b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n l\u00e0nh m\u1ea1nh ph\u1ea3i l\u00e0 m\u1ed9t chu k\u1ef3 lu\u00e2n chuy\u1ec3n c\u1ee7a v\u1ed1n con ng\u01b0\u1eddi v\u00e0 v\u1ed1n t\u00e0i ch\u00ednh.<\/p>\n

Qu\u1ea3n l\u00fd d\u00f2ng ti\u1ec1n: d\u00f2ng ti\u1ec1n ho\u1ea1t \u0111\u1ed9ng v\u00e0 d\u00f2ng ti\u1ec1n t\u00e0i tr\u1ee3<\/p>\n

D\u00f2ng ti\u1ec1n c\u1ee7a doanh nghi\u1ec7p \u0111\u01b0\u1ee3c chia th\u00e0nh d\u00f2ng ti\u1ec1n ho\u1ea1t \u0111\u1ed9ng (thu nh\u1eadp kinh doanh ch\u00ednh) v\u00e0 d\u00f2ng ti\u1ec1n t\u00e0i tr\u1ee3 (c\u00e1c kho\u1ea3n vay, t\u0103ng v\u1ed1n). \u00c1nh x\u1ea1 t\u1edbi c\u00e1c giao d\u1ecbch, d\u00f2ng ti\u1ec1n ho\u1ea1t \u0111\u1ed9ng l\u00e0 thu nh\u1eadp r\u00f2ng \u0111\u01b0\u1ee3c t\u1ea1o ra b\u1edfi logic chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a b\u1ea1n, trong khi d\u00f2ng ti\u1ec1n t\u00e0i tr\u1ee3 l\u00e0 l\u1ec7nh g\u1ecdi k\u00fd qu\u1ef9 ho\u1eb7c ti\u1ec1n g\u1eedi cho vay. Gi\u00e1m s\u00e1t r\u1ee7i ro c\u1ee7a WMAX cho th\u1ea5y 80% nh\u00e0 giao d\u1ecbch ph\u00e1 s\u1ea3n c\u00f3 m\u1ed9t \u0111i\u1ec3m chung: d\u00f2ng ti\u1ec1n ho\u1ea1t \u0111\u1ed9ng \u00e2m trong th\u1eddi gian d\u00e0i v\u00e0 h\u1ecd ho\u00e0n to\u00e0n d\u1ef1a v\u00e0o d\u00f2ng ti\u1ec1n t\u00e0i tr\u1ee3 (ti\u1ec1n g\u1eedi li\u00ean t\u1ee5c) \u0111\u1ec3 duy tr\u00ec ho\u1ea1t \u0111\u1ed9ng. \u201cC\u1ea5u tr\u00fac Ponzi\u201d n\u00e0y s\u1ebd kh\u00f4ng t\u1ed3n t\u1ea1i \u0111\u01b0\u1ee3c l\u00e2u.<\/p>\n

\"K\u1ef7 lu\u1eadt d\u00f2ng ti\u1ec1n\" do WMAX \u1ee7ng h\u1ed9 y\u00eau c\u1ea7u c\u00e1c nh\u00e0 giao d\u1ecbch ph\u1ea3i ph\u00e2n bi\u1ec7t r\u00f5 r\u00e0ng gi\u1eefa hai \u0111i\u1ec1u n\u00e0y. B\u1ea1n ph\u1ea3i \u0111\u1eb7t ra m\u1ed9t kho\u1ea3ng th\u1eddi gian (ch\u1eb3ng h\u1ea1n nh\u01b0 n\u1eeda n\u0103m) \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 xem li\u1ec7u h\u1ec7 th\u1ed1ng giao d\u1ecbch c\u1ee7a b\u1ea1n c\u00f3 th\u1ec3 t\u1ea1o ra d\u00f2ng ti\u1ec1n ho\u1ea1t \u0111\u1ed9ng d\u01b0\u01a1ng hay kh\u00f4ng. N\u1ebfu ti\u1ebfp t\u1ee5c m\u1ea5t m\u00e1u, b\u1ea1n ph\u1ea3i ng\u1eebng g\u1eedi ti\u1ec1n v\u00e0 tr\u1ea3 l\u1ea1i \u0111\u0129a m\u00f4 ph\u1ecfng \u0111\u1ec3 s\u1eeda ch\u1eefa h\u1ec7 th\u1ed1ng. Ngo\u00e0i ra, c\u1ea7n thi\u1ebft l\u1eadp h\u1ec7 th\u1ed1ng \"d\u1ef1 tr\u1eef ti\u1ec1n m\u1eb7t\", t\u1ee9c l\u00e0 lu\u00f4n gi\u1eef 20% -30% ti\u1ec1n m\u1eb7t trong t\u00e0i kho\u1ea3n v\u00e0 kh\u00f4ng \u0111\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c giao d\u1ecbch nh\u01b0 \"v\u1ed1n l\u01b0u \u0111\u1ed9ng\" c\u1ee7a c\u00f4ng ty. \u0110i\u1ec1u n\u00e0y kh\u00f4ng ch\u1ec9 \u0111\u1ec3 ki\u1ec3m so\u00e1t r\u1ee7i ro m\u00e0 c\u00f2n gi\u00fap \u201cc\u00f4ng ty\u201d c\u1ee7a b\u1ea1n kh\u00f4ng b\u1ecb ph\u00e1 s\u1ea3n do c\u1ea1n ki\u1ec7t thanh kho\u1ea3n trong \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng kh\u1eafc nghi\u1ec7t.<\/p>\n

\u0110\u1ea7u t\u01b0 R&D v\u00e0 kh\u1ea5u hao k\u1ef9 n\u0103ng: ch\u1ed1ng l\u1ea1i s\u1ef1 gia t\u0103ng entropy<\/p>\n

M\u1ed9t c\u00f4ng ty l\u1edbn ph\u1ea3i ti\u1ebfp t\u1ee5c \u0111\u1ea7u t\u01b0 v\u00e0o nghi\u00ean c\u1ee9u v\u00e0 ph\u00e1t tri\u1ec3n (R&D). \u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 giao d\u1ecbch, nghi\u00ean c\u1ee9u v\u00e0 ph\u00e1t tri\u1ec3n c\u00f3 ngh\u0129a l\u00e0 ki\u1ec3m tra l\u1ea1i, t\u1ed1i \u01b0u h\u00f3a v\u00e0 nghi\u00ean c\u1ee9u c\u00e1c lo\u1ea1i chi\u1ebfn l\u01b0\u1ee3c m\u1edbi. D\u1eef li\u1ec7u theo chi\u1ec1u d\u1ecdc c\u1ee7a WMAX cho th\u1ea5y \"th\u1eddi k\u1ef3 hi\u1ec7u l\u1ef1c\" c\u1ee7a chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a c\u00e1c nh\u00e0 giao d\u1ecbch tr\u00ec tr\u1ec7 \u0111ang nhanh ch\u00f3ng r\u00fat ng\u1eafn - h\u1ec7 th\u1ed1ng trung b\u00ecnh \u0111\u1ed9ng c\u00f3 hi\u1ec7u l\u1ef1c ba n\u0103m tr\u01b0\u1edbc c\u00f3 th\u1ec3 l\u00e0 nguy\u00ean nh\u00e2n g\u00e2y thua l\u1ed7 ng\u00e0y nay. Th\u1ecb tr\u01b0\u1eddng kh\u00f4ng ng\u1eebng ph\u00e1t tri\u1ec3n v\u00e0 n\u1ebfu b\u1ea1n kh\u00f4ng \u0111\u1ea7u t\u01b0 v\u00e0o R&D, \u201cv\u1ed1n con ng\u01b0\u1eddi\u201d c\u1ee7a b\u1ea1n s\u1ebd m\u1ea5t gi\u00e1 m\u1ed9t c\u00e1ch v\u00f4 h\u00ecnh.<\/p>\n

\"Doanh<\/p>\n

WMAX khuy\u1ebfn ngh\u1ecb m\u1ecdi nh\u00e0 giao d\u1ecbch n\u00ean thi\u1ebft l\u1eadp \"ng\u00e2n s\u00e1ch R&D\". \u0110i\u1ec1u n\u00e0y kh\u00f4ng ch\u1ec9 bao g\u1ed3m th\u1eddi gian m\u00e0 c\u00f2n c\u1ea3 ti\u1ec1n b\u1ea1c. V\u00ed d\u1ee5: m\u1ed9t t\u1ef7 l\u1ec7 ph\u1ea7n tr\u0103m l\u1ee3i nhu\u1eadn nh\u1ea5t \u0111\u1ecbnh c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c ph\u00e2n b\u1ed5 h\u00e0ng th\u00e1ng \u0111\u1ec3 mua c\u01a1 s\u1edf d\u1eef li\u1ec7u ch\u1ea5t l\u01b0\u1ee3ng cao, \u0111\u0103ng k\u00fd c\u00e1c b\u00e1o c\u00e1o nghi\u00ean c\u1ee9u chuy\u00ean s\u00e2u ho\u1eb7c tham gia c\u00e1c kh\u00f3a \u0111\u00e0o t\u1ea1o t\u00e2m l\u00fd chuy\u00ean nghi\u1ec7p. \u0110\u1ed3ng th\u1eddi, ch\u00fang ta ph\u1ea3i c\u1ea3nh gi\u00e1c v\u1edbi s\u1ef1 can thi\u1ec7p c\u1ee7a \u201cchi ph\u00ed ch\u00ecm\u201d v\u00e0o ho\u1ea1t \u0111\u1ed9ng R&D. N\u1ebfu m\u1ed9t chi\u1ebfn l\u01b0\u1ee3c th\u1ea5t b\u1ea1i, h\u00e3y d\u1ee9t kho\u00e1t \u0111\u01b0a n\u00f3 v\u00e0o danh s\u00e1ch \"t\u1ed5n th\u1ea5t do suy gi\u1ea3m t\u00e0i s\u1ea3n\" v\u00e0 x\u00f3a b\u1ecf n\u00f3. \u0110\u1eebng c\u1ed1 g\u1eafng c\u1ee9u m\u1ed9t s\u1ea3n ph\u1ea9m \u0111ang ho\u00e0ng h\u00f4n b\u1eb1ng c\u00e1ch t\u0103ng c\u01b0\u1eddng \u0111\u1ea7u t\u01b0. Ch\u1ec9 b\u1eb1ng c\u00e1ch duy tr\u00ec \u0111\u1ea7u t\u01b0 R&D c\u01b0\u1eddng \u0111\u1ed9 cao, ch\u00fang ta m\u1edbi c\u00f3 th\u1ec3 ch\u1ed1ng l\u1ea1i quy lu\u1eadt t\u0103ng entropy trong k\u1ef9 n\u0103ng giao d\u1ecbch.<\/p>\n

C\u01a1 ch\u1ebf tho\u00e1t ly v\u00e0 k\u1ebf th\u1eeba gi\u1eefa c\u00e1c th\u1ebf h\u1ec7: t\u01b0 duy cu\u1ed1i c\u00f9ng c\u1ee7a doanh nghi\u1ec7p<\/p>\n

Ngay c\u1ea3 m\u1ed9t c\u00f4ng ty c\u00f3 tu\u1ed5i \u0111\u1eddi h\u00e0ng th\u1ebf k\u1ef7 c\u0169ng s\u1ebd c\u00f3 ng\u00e0y b\u1ecb h\u1ee7y ni\u00eam y\u1ebft ho\u1eb7c b\u1ecb mua l\u1ea1i. L\u00e0 m\u1ed9t CEO, c\u00e1c nh\u00e0 giao d\u1ecbch ph\u1ea3i c\u00f3 \u201ct\u01b0 duy cu\u1ed1i c\u00f9ng\u201d. \u0110i\u1ec1u n\u00e0y bao g\u1ed3m vi\u1ec7c c\u00f3 m\u1ed9t k\u1ebf ho\u1ea1ch ngh\u1ec9 h\u01b0u r\u00f5 r\u00e0ng, m\u1ed9t k\u1ebf ho\u1ea1ch ph\u00e2n b\u1ed5 v\u1ed1n v\u00e0 trong nh\u1eefng tr\u01b0\u1eddng h\u1ee3p c\u1ef1c \u0111oan l\u00e0 \u201ck\u1ebf ho\u1ea1ch thanh l\u00fd\u201d. Theo d\u00f5i d\u00e0i h\u1ea1n c\u1ee7a WMAX cho th\u1ea5y nh\u1eefng nh\u00e0 giao d\u1ecbch thi\u1ebfu c\u01a1 ch\u1ebf tho\u00e1t l\u1ec7nh th\u01b0\u1eddng ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi c\u00e1c v\u1ea5n \u0111\u1ec1 nghi\u00eam tr\u1ecdng v\u1ec1 t\u00e0i ch\u00ednh v\u00e0 t\u00e2m l\u00fd trong nh\u1eefng n\u0103m cu\u1ed1i \u0111\u1eddi. Giao d\u1ecbch kh\u00f4ng ph\u1ea3i l\u00e0 m\u1ed9t ngh\u1ec1 nghi\u1ec7p su\u1ed1t \u0111\u1eddi m\u00e0 l\u00e0 m\u1ed9t ngh\u1ec1 nghi\u1ec7p \u1edf m\u1ed9t giai \u0111o\u1ea1n nh\u1ea5t \u0111\u1ecbnh c\u1ee7a cu\u1ed9c \u0111\u1eddi.<\/p>\n

WMAX khuy\u1ebfn ngh\u1ecb c\u00e1c nh\u00e0 giao d\u1ecbch n\u00ean b\u1eaft \u0111\u1ea7u l\u1eadp k\u1ebf ho\u1ea1ch cho \u201cl\u1ed9 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i\u201d khi \u0111ang \u1edf \u0111\u1ec9nh cao s\u1ef1 nghi\u1ec7p. \u0110i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 bao g\u1ed3m vi\u1ec7c d\u1ea7n d\u1ea7n chuy\u1ec3n \u0111\u1ed5i qu\u1ef9 giao d\u1ecbch th\u00e0nh qu\u1ef9 ch\u1ec9 s\u1ed1 \u0111\u1ea7u t\u01b0 th\u1ee5 \u0111\u1ed9ng ho\u1eb7c chuy\u1ec3n \u0111\u1ed5i k\u1ef9 n\u0103ng giao d\u1ecbch th\u00e0nh m\u00f4 h\u00ecnh kinh doanh nh\u01b0 gi\u00e1o d\u1ee5c v\u00e0 \u0111\u00e0o t\u1ea1o, qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n, v.v. Hi\u1ec3u \u0111\u01b0\u1ee3c \"v\u00f2ng \u0111\u1eddi \u0111\u1ea7y \u0111\u1ee7\" c\u1ee7a giao d\u1ecbch c\u00f3 ngh\u0129a l\u00e0 b\u1ea1n ph\u1ea3i thi\u1ebft k\u1ebf chi\u1ebfn l\u01b0\u1ee3c r\u00fat lui cu\u1ed9c \u0111\u1eddi m\u00ecnh gi\u1ed1ng nh\u01b0 b\u1ea1n thi\u1ebft k\u1ebf m\u1ed9t h\u1ec7 th\u1ed1ng giao d\u1ecbch ho\u00e0n h\u1ea3o. Theo quan \u0111i\u1ec3m c\u1ee7a WMAX, bi\u1ebft c\u00e1ch b\u1eaft \u0111\u1ea7u l\u00e0 l\u00f2ng d\u0169ng c\u1ea3m v\u00e0 bi\u1ebft c\u00e1ch k\u1ebft th\u00fac l\u00e0 s\u1ef1 kh\u00f4n ngoan.<\/p>\n

Theo quan \u0111i\u1ec3m c\u1ee7a WMAX, coi giao d\u1ecbch l\u00e0 ho\u1ea1t \u0111\u1ed9ng kinh doanh l\u00e0 b\u01b0\u1edbc nh\u1ea3y v\u1ecdt cu\u1ed1i c\u00f9ng trong kh\u00eda c\u1ea1nh nh\u1eadn th\u1ee9c c\u1ee7a c\u00e1c nh\u00e0 giao d\u1ecbch. T\u1eeb b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n, \u0111\u1ebfn t\u00ednh b\u1ec1n v\u1eefng c\u1ee7a d\u00f2ng ti\u1ec1n, \u0111\u1ebfn vi\u1ec7c l\u1eadp k\u1ebf ho\u1ea1ch R&D v\u00e0 r\u00fat lui, m\u1ecdi m\u1ed1i li\u00ean k\u1ebft \u0111\u1ec1u ki\u1ec3m tra tr\u00ed tu\u1ec7 kinh doanh c\u1ee7a c\u00e1c nh\u00e0 giao d\u1ecbch. Ch\u1ec9 b\u1eb1ng c\u00e1ch n\u00e0y, giao d\u1ecbch m\u1edbi c\u00f3 th\u1ec3 th\u0103ng hoa t\u1eeb m\u1ed9t canh b\u1ea1c th\u00e0nh m\u1ed9t ho\u1ea1t \u0111\u1ed9ng kinh doanh b\u1ec1n v\u1eefng.<\/p>","protected":false},"excerpt":{"rendered":"

Ph\u00e2n t\u00edch chuy\u00ean s\u00e2u m\u00f4 h\u00ecnh kinh doanh \"c\u00f4ng ty TNHH m\u1ed9t ng\u01b0\u1eddi\" c\u1ee7a c\u00e1c nh\u00e0 giao d\u1ecbch chuy\u00ean nghi\u1ec7p WMAX: thay \u0111\u1ed5i quan \u0111i\u1ec3m giao d\u1ecbch t\u1eeb ki\u1ebfm l\u1ee3i nhu\u1eadn sang qu\u1ea3n l\u00fd b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n. B\u1eb1ng c\u00e1ch \u0111\u1ecbnh l\u01b0\u1ee3ng kh\u1ea5u hao v\u1ed1n nh\u00e2n l\u1ef1c, qu\u1ea3n l\u00fd d\u00f2ng ti\u1ec1n ho\u1ea1t \u0111\u1ed9ng v\u00e0 logic \u0111\u1ea7u t\u01b0 R&D, ch\u00fang t\u00f4i gi\u00fap b\u1ea1n tr\u00e1nh b\u1eaby \u0111\u1ea7u t\u01b0 \"c\u1ea5u tr\u00fac Ponzi\" v\u00e0 s\u1eed d\u1ee5ng t\u01b0 duy cu\u1ed1i tr\u1eadn \u1edf c\u1ea5p doanh nghi\u1ec7p \u0111\u1ec3 x\u00e2y d\u1ef1ng s\u1ef1 nghi\u1ec7p giao d\u1ecbch b\u1ec1n v\u1eefng.<\/p>","protected":false},"author":1,"featured_media":9571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[120],"tags":[852,644,851],"class_list":["post-9570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-solutions","tag-852","tag-644","tag-851"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/9570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/comments?post=9570"}],"version-history":[{"count":1,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/9570\/revisions"}],"predecessor-version":[{"id":9573,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/9570\/revisions\/9573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media\/9571"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media?parent=9570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/categories?post=9570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/tags?post=9570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}