When a small business is first getting started, its goal may appear relatively straight forward: to make as much money as possible for its owners. But for a business to be successful long term, a new ...

Revenue Maximization vs. Profit Maximization. Unless you are a philanthropist running a nonprofit organization, your main motivation for being in business is to generate a healthy income. How you ...

Writing in the WSJ last week, economics professor Paul Rubin “takes the community organizer-in-chief to task for his dismissive comments about profit maximization” (ht/E. Frank Stephenson): In ...

This paper hinges on the distinction between "maximizing profit" and "making profit." It recounts from Adam Smith the ethical basis for profit making, and observes in Augustin Cournot why the ...

What we’re talking about is the goal of profit maximization, which is what every for profit business needs to aim for or go out of business. In the good times, that means growing intelligently.

In this paper we explore various criteria for risky decision making and examine the relationship among these rules, full cost pricing, and safety margin maximization. The three rules are alternative ...

To the extent that managers pursue objectives other than profit maximization, they may reduce shareholders' wealth and effectively substitute shareholders' priorities with their own.

I recently wrote about one of the things that has gone wrong in the U.S. economy — namely, that big American corporations are no longer sharing enough of their vast wealth with their rank-and-file ...

Cavallo, the leader in AI-powered Profit Maximization, today announced the integration of its Profit Max Platform with Infor, a global leader in ERP software solutions for companies in industry ...