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I'm sure that Mr. Romney well knows that the maximization of profits by reducing business costs is a completely different animal from shepherding a national economy out of a lingering recession.
3. The objective function is the maximization of profits.
The new objective has been the maximization of profits in the electricity markets.
"Whether it was hitting 45 or drinking too much or being sick of maximization of profits, I am not sure," he says.
As a result, the main belief of supporters of the TMA is that the prosperity of mankind will be achieved through the maximization of profits.
This manuscript analyzes the effect of various objective functions, including the maximization of profits, the return on investment and the net present worth and the minimization of the payback period, among other functions.
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Many executives, for their part, construe their mission solely as the maximization of profit.
A private delivery system is perceived to be guided by "maximization of shareholders' values and maximization of profit," he said.
This qualification acknowledges a key restriction on the maximization of profit.
Yunus, too, believes in sustainability, and he certainly wants to reach all the world's poor, but he is convinced that the traditional goal of business — maximization of profit — is inappropriate when dealing with the poor.
His primary concern was the analysis of partial market equilibrium, which he based on the assumption that participants in the process of exchange are either producers or merchants whose goal is the maximization of profit.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com