Products related to Maximization:
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The Moral Case for Profit Maximization
The Moral Case for Profit Maximization argues that profit maximization is moral when businessmen seek to maximize profit by creating goods or services that are of objective value.Traditionally, profit maximization has been defended on economic grounds.Profit, economists argue, incentivizes businessmen to produce goods and services.In this view, businessmen do not need to be virtuous as long as they deliver the goods.It challenges the traditional defense of profit maximization, arguing that profit maximization is morally ambitious because it requires businessmen to form normative abstractions and to cultivate a virtuous character.In so doing, the author also challenges the moral basis of corporate social responsibility.Proponents of CSR argue that businessmen can do good while doing well.This book argues that businessmen already do good by maximizing profit, drawing upon the histories of the wheel, the refrigerator, and the shipping container, as well as the biographies of J.P. Morgan, John D. Rockefeller, and Thomas Edison to demonstrate the role of values in the creation of material goods and the role of the virtues in value creation.The author challenges readers to rethink the relationship between profit, value, and virtue.
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The Profit Motive : Defending Shareholder Value Maximization
What responsibility, if any, does a corporation have to society?How should corporations balance environmental, social, and governance factors?The Profit Motive addresses these questions of corporate purpose using historical, legal, and economic perspectives.Stephen M. Bainbridge enters the debate around corporate social responsibility to mount an unabashed defense of shareholder capitalism and maximizing shareholder value.The book offers context for the current questions about corporate purpose, and provides a reference going forward.Direct and corrective, The Profit Motive argues that shareholder value maximization is not only required by law, but what the law ought to require.
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Critical Doubt
They met in a war-torn city on the other side of the world and shared an anonymous night of passion. They didn't intend to meet again. Nor did they think they'd be reunited by sinister secrets... Five years later, FBI Agent Savannah Kane is headed to a small town in Georgia for the funeral of her best friend's husband. Going home is fraught with complications, but Savannah never imagined one of those would be Ryker Stone, the stranger she'd shared an unforgettable night with.Haunted by an ambush that took the lives of two men in his unit, Ryker now copes by living a solitary civilian life. Attending the funeral of yet another soldier, this one lost to a senseless accident, he is shocked to run into the beautiful stranger he has never forgotten.When another man in Ryker's former unit dies under suspicious circumstances, it's clear that someone is targeting his team. He's determined to get the truth; Savannah is just as determined to get answers for her friend. Neither wants to work with the other, and as they struggle with trust and attraction, the truth grows murkier...and more dangerous. Will finding answers reveal secrets neither one of them is ready to know? Don't miss this twisting, suspenseful, romantic page-turner by #1 New York Times Bestselling Author Barbara Freethy!
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Questioning Qualitative Inquiry : Critical Essays
Is qualitative research in crisis? In Questioning Qualitative Inquiry Martyn Hammersley raises fundamental questions about the current state of qualitative social research.He examines some of the changes that have taken place within it over the past fifty years, suggesting that the move away from natural science as a model, and towards an appeal to literature and art, involves rejection of key principles that are essential to research of any kind. Hammersley argues that, in important respects, qualitative inquiry has not lived up to the claims originally made on its behalf, and that more recent developments have worsened the situation.Insufficient attention has been given to the problems surrounding leading ideas like thick description, analytic induction, and constructionism.The argument is pursued through discussion of the work of influential writers - such as Clifford, Geertz, Denzin and Lincoln - and by detailed examination of concrete issues, like the value of interview data, the rationales for discourse and conversation analysis, the role of rhetoric in research reports, and the nature of assessment criteria.At a time when qualitative inquiry is coming under renewed challenge in some quarters, the task of addressing the methodological problems it faces has become urgent. These essays on current developments and debates are essential reading for anyone interested in the future of qualitative research.
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What is profit maximization and utility maximization?
Profit maximization is the process by which a company seeks to achieve the highest possible level of profit. This can be done by increasing revenue, reducing costs, or a combination of both. On the other hand, utility maximization refers to the process by which individuals seek to maximize their satisfaction or well-being from consuming goods and services. This can be achieved by allocating their income in a way that maximizes their overall satisfaction, or utility, from the goods and services they consume. Both profit maximization and utility maximization are important concepts in economics and business, as they help to understand the behavior of firms and individuals in making decisions.
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How to achieve profit maximization?
Profit maximization can be achieved by increasing revenue and reducing costs. This can be done by increasing sales through effective marketing strategies, improving product quality, and expanding into new markets. Additionally, reducing costs by streamlining operations, negotiating better deals with suppliers, and optimizing production processes can also help in achieving profit maximization. It is important to continuously monitor financial performance and make adjustments as needed to ensure profitability.
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What does utility maximization mean?
Utility maximization refers to the economic concept of individuals or firms making decisions to maximize their overall satisfaction or well-being. In the context of consumers, utility maximization involves making choices that maximize the satisfaction or happiness derived from consuming goods and services, given their budget constraints. For firms, utility maximization involves making decisions that maximize their profits or overall well-being, given their production constraints and market conditions. Overall, utility maximization involves making rational decisions to achieve the highest level of satisfaction or well-being given the available resources and constraints.
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How can volume maximization be achieved?
Volume maximization can be achieved by increasing the production and sales of a product or service. This can be done by expanding market reach, increasing advertising and marketing efforts, improving product quality and features, and offering competitive pricing. Additionally, streamlining production processes and increasing operational efficiency can help to maximize volume. Finally, understanding and meeting customer needs and preferences can also contribute to volume maximization.
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Pragmatic Inquiry : Critical Concepts for Social Sciences
This book examines a range of critical concepts that are central to a shift in the social sciences toward "pragmatic inquiry," reflecting a twenty-first century concern with particular problems and themes rather than grand theory. Taking a transnational and transdisciplinary approach, the collection demonstrates a shared commitment to using analytical concepts for empirical exploration and a general orientation to research that favors an attention to objects, techniques, and practices.The chapters draw from broad-based and far-reaching social theory in order to analyze new, specific challenges, from grasping the everyday workings of markets, courtrooms, and clinics, to inscribing the transformations of practice within research disciplines themselves.Each contributor takes a key concept and then explores its genealogies and its circulations across scholarly communities, as well as its proven payoffs for the social sciences and, often, critical reflections on its present and future uses.This carefully crafted volume will significantly expand and improve the analytical repertoires or toolkits available to social scientists, including scholars in sociology or anthropology and those working in science and technology studies, public health, and related fields.
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Scientific Methods of Inquiry for Intelligence Analysis
Since 9/11, the needs of intelligence agencies as well as the missions they conduct have increased in number, size, and complexity.As such, government and private security agencies are recruiting staff to analyze the vast amount of data collected in these missions.This textbook offers a way of gaining the analytic skills essential to undertake intelligence work.It acquaints students and analysts with how intelligence fits into the larger research framework.It covers not only the essentials of applied research, but also the function, structure, and operational methods specifically involved in intelligence work.It looks at how analysts work with classified information in a security conscious environment as well as obtain data via covert methods.Students are left with little doubt about what intelligence is and how it is developed using scientific methods of inquiry. This revised edition of the popular text has been expanded and updated significantly.
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Critical Discourse Analysis : The Critical Study of Language
Bringing together papers written by Norman Fairclough over a 25 year period, Critical Discourse Analysis represents a comprehensive and important contribution to the development of this popular field. The book is divided into seven sections covering the following themes: language in relation to ideology and powerdiscourse in processes of social and cultural change dialectics of discourse, dialectical relations between discourse and other moments of social lifemethodology of critical discourse analysis research analysis of political discourse discourse in globalisation and 'transition' critical language awareness in education The new edition has been extensively revised and enlarged to include a total of twenty two papers.It will be of value to researchers in the subject and should prove essential reading for advanced undergraduate and postgraduate students in Linguistics and other areas of social science.
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Cancel Culture : A Critical Analysis
“Cancel culture” has become one of the most charged concepts in contemporary culture and politics, but mainstream critiques from both the left and the right provide only snapshots of responses to the phenomenon.Takinga media and cultural studies perspective, this book traces the origins of cancel practices and discourses, and discusses their subsequent evolution within celebrity and fan cultures, consumer culture, and national politics in the U.S. and China. Moving beyond popular press accounts about the latest targets of cancelling or familiar free speech debates, this analysis identifies multiple lineages for both cancelling and criticisms about cancelling, underscoring the various configurations of power associated with “cancel culture” in particular cultural and political contexts.
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What are maximization problems in mathematics?
Maximization problems in mathematics involve finding the maximum value of a function or quantity within a given set of constraints. These problems often require optimizing a certain objective function, such as maximizing profit or minimizing cost, subject to certain limitations or conditions. To solve maximization problems, mathematical techniques such as calculus, linear programming, or optimization algorithms are typically used to find the optimal solution that yields the highest possible value. Overall, maximization problems play a crucial role in various fields, including economics, engineering, and operations research, where finding the best possible outcome is essential.
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Is hate a result of profit maximization?
Hate is not necessarily a result of profit maximization. While it is true that some individuals or groups may use hate to further their own financial interests, such as by promoting divisive rhetoric to attract a certain audience or by exploiting discriminatory practices for economic gain, hate can also arise from a variety of other factors such as fear, ignorance, and prejudice. Additionally, hate can have significant social and economic costs, such as decreased productivity, increased conflict, and reduced trust within communities, which can ultimately undermine profit maximization. Therefore, while there may be instances where hate is used for profit, it is not the sole or primary cause of hate.
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Is profit maximization the ultimate goal of companies?
While profit maximization is an important goal for companies, it is not always the ultimate goal. Companies also strive to create value for their customers, employees, and society as a whole. Building a strong brand, fostering innovation, and maintaining a positive corporate culture are often seen as equally important objectives. Ultimately, companies need to balance profit maximization with other goals to ensure long-term success and sustainability.
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Is profit maximization the only sensible guideline for economic action?
No, profit maximization is not the only sensible guideline for economic action. While profit is an important factor in business decision-making, other considerations such as social responsibility, sustainability, and ethical practices also play a crucial role. Focusing solely on profit maximization can lead to negative consequences such as exploitation of resources, disregard for employee well-being, and harm to the environment. A more balanced approach that takes into account the long-term impact on all stakeholders is often more sustainable and ethical in the long run.
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