In capitalist economies, the primary goal of for-profit companies is to maximize their profits. This doesn't mean that companies focus on profits at the expense of everything else, though. Instead, ...
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 ...
Given how much has changed it now seems like a blip from a distant era, but it was just a year ago this week when the Business Roundtable issued a much-ballyhooed statement that declared that ...
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 ...
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 ...
Avy Punwasee is a Partner at Revenue Management Labs. We help companies develop and execute pricing solutions to maximize profits. Cost-plus pricing has long been a standard method for setting product ...
https://doi.org/10.15609/annaeconstat2009.121-122.45 • https://www.jstor.org/stable/10.15609/annaeconstat2009.121-122.45 Copy URL We consider a duopoly, each firm ...
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 ...
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