How Does a Company Maximize Profits?


A company can maximize its profits by utilizing all its available resources and reducing costs as much as possible. The employees are also an important factor in the company and motivating them to provide excellent performance also helps a company maximize profits.
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Profit maximisation is increasing the value of all current and future profits and is known as net present value. The principle of profit maximisation demands a ...
Profit maximization is an inappropriate goal because it leads to inflation and irregular distribution of wealth. It also makes one run the risk of losing employees ...
Profit maximization is the process that companies use to determine the best output and price levels in order to maximize their return. The factors needed to determine ...
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