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But ultimately, this has allowed it to maximize its profits before the game's popularity peaked.
Clearly, this is a situation where the "cat is asked to safeguard the cream", where the enterprise would first of all maximize its profits, while assuring that it is legally protected against malpractice liability.
With what appears to be a monopoly on this market (does anyone use Lyft or Hailo?), it doesn't have to worry about disgruntled clients going elsewhere, so it can charge whatever will maximize its profits.
Select also appears to manage how long patients stay, to maximize its profits.
Traditionally, economists have assumed that the goal of a business enterprise was to maximize its profits.
Milton Friedman famously argued that the social responsibility of business was to maximize its profits.
Similar(40)
Indeed, Apple would be hosing the everyday shareholders if it didn't maximize its profit through some very convoluted offshore tax strategies.
who are we punishing, we're punishing ourselves". Indeed, Apple would be hosing the everyday shareholders if it didn't maximize its profit through some very convoluted offshore tax strategies.
In order to translate it into something that can be computed, the company must decide whether it wants to, say, maximize its profit margins or maximize the number of loans that get repaid.
Each firm acts to maximize its profit.
The firm's objective is to design the products and set the prices so as to maximize its profit.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com