Profit maximization

The reformation of the farming industry has created many long term and short-term effects for the general farming population. The necessity for profit maximization by large multi-million dollar corporations has forced smaller farms to compete with the seemingly impossible production numbers of large “industrial farms”, which Brookfield describes as farms that are dependent on wage workers in a capitalist…

Practise in recent years has highlighted that social sustainability is a key to achieve long-term competitiveness and sustainable growth for firms. However, current studies on mainly focused on achieving business values. Social dimensions are given relatively lower priority, analysed separately and treated outside the scope of business strategy (Awale and Rawlinson; 2014). An alternative concept, Creating Shared Value (CSV) concept is considered. It aims to enhance a firm's image by advancing…

Representing Jon Doe is Casey Mason who during his trial is faced with a situation that puts his personal and professional ethics to the test. Lawyers are expected to apply their legal knowledge to resolve individual problems, or to advance the interests of those who hire lawyers to carry out legal services. When individual clients, or businesses hire lawyers, they do so under the impression that the lawyer will work in the best interest of his client and the case will result in the most…

productivity form the producers who were motivated to maximize personal profit, a concept that gave birth to capitalism. In essence, Smith theory of economic development was based on the idea that individuals acted selfishly and strictly on their own behalf, and on the behalf of the classes of which they represented (Hunt, 2002). While some may view the independent and selfish operation of individuals for the maximization of profit to be egoistic, Smith deduced that it promoted economic…

in Europe. This article does a thorough job in addressing the advantages as well as the disadvantages of the discovery of America by Europe. One major advantage being, the augmentation of its industry which would help push capitalism and maximize profits, as well as the increase of enjoyments which was due to the surplus produce of America. On the other hand, a disadvantage in the colonization of America is shown in the natives of the East and West Indies who had to endure hardships during…

Coca-Cola Company is one of the multinational companies in the United State. Its capital structure plays an influential role in Shareholder’s Wealth Maximization. Normally, US multinational companies have the relatively higher indebtedness, so they often use the debt financing (Dobrica, 2007). According to Puravankara (2007), Coca-Cola Company uses debt financing to reduce the overall cost of capital, which can increase the return on shareholders’ equity. Besides, they coupled with management of…

nonprofits should behave like a for-profit organization is “dead wrong” (p.1). I agree with this statement, however, one must be careful to understand the context of the authors point. Collins (2005) is mindful to emphasize the distinction between what makes organizations good versus great; and asserts that the competencies that make for-profit organizations truly great are not proprietary. The focus then should not be on whether an organization is a for-profit or nonprofit entity, but rather…

company. Business focusses on maximizing profit and increasing shareholder’s value. Business is an economic entity of the society which produces and sells the product. It helps in wealth creation in the society, therefore it is the most eminent responsibility of business and other responsibilities relies on this domain. Majority of the activities in the business falls in this domain. Nevertheless there are many activities that doesn’t result in maximization of the…

really effective, it is one of the strongest assets of the labors. They work as a middle man between the company and the labors and fight for the rights of both the employees and employer’s. One of the main focus of labor union is wage maximization. Wage maximization is a neoclassic theory that wages are paid at a level equal to the marginal revenue product of labor. Labor union fight to get the employees the wage they deserve. Everyone wants saving in life, even the employers. That means pay…

Bhutan also provides development and strengthening market position to enhance profit maximization and contribute to continuous development since it believes that wrong strategy can lead to a bad image whereby affecting the financial position of the DHL. To relate the selling objectives of DHL with the Sales management objectives that we have learned in our class are as follows: Profitability: Enhancing profit maximization by bringing the attractive product offering to the customers by making…