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 ...

Since surviving is the main goal of small businesses, they are more inclined towards profit maximisation by reducing costs Any organisation is an ongoing concern and has to make decisions, either big ...

This is a preview. Log in through your library . Abstract This article seeks to develop the concept of profit used in the micro-economic theory of the firm and to examine its potential as an ...

I asked Prof. Bainbridge whether I could cross-post this from Corporate Finance Lab, and he kindly agreed: What is the purpose of a corporation? Is it, as Nobel Economics laureate Milton Friedman ...

Unless you are a philanthropist running a nonprofit organization, your main motivation for being in business is to generate a healthy income. How you reach that objective, however, will depend on many ...

When it comes to business, maximizing sales and profits are two fundamental objectives. Sales maximization is a business strategy that a company implements when it wants to focus on generating as much ...

At the heart of this challenge are business coaches—seasoned experts who provide strategic guidance, motivation, and actionable solutions to help businesses achieve these two critical outcomes ...

GRAND RAPIDS, Mich., April 24, 2025 /PRNewswire/ -- Cavallo, the leader in AI-powered Profit Maximization, today announced the integration of its Profit Max Platform with Infor, a global leader in ERP ...