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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 ...
These two motivations are the basic difference between profit and revenue maximization and illustrates the difficulty in choosing the appropriate strategy for a small business just starting out.
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 ...
The business-ethos pendulum in this country has now swung so far toward "profit maximization" that most American companies would never dream of voluntarily sharing more wealth with their employees.
A lot of criticism has been aimed at venture capitalists the last few days. The VCs are telling their portfolio companies to get ahead of the curve and conserve cash right now, and companies are ...
Since the probability of loss can be identified with the firm's margin of safety, these rules can be viewed as alternative ways of making a compromise between expected profit maximization and high ...
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