requires a rational weighing of the costs and benefits of any potential action; if and when that careful calculation is put aside or placed second to other more basic goals, the firm is no longer in the maximization
provides that third option: maximum pension payout and survivor benefits for the spouse--the best of both worlds.
is easily reached when you start with the end in mind.
This Comment will address a question that arises in the wake of Professor Nelson's intervention: Why did maximization
come to dominate our thinking about firms?
When marketing efforts successfully bring in compatible parts and manufacturing achieves high quality, low cost and strong productivity with these parts, profit maximization
The market-clearing unit cost of talent in a win maximization
These can be based on a profit maximization
analysis (see exhibit) or on a historical track record if it is available and predictive of future results.
In the aftermath of the information technology bubble and its excesses, it is likely that the unseen factor is the corporate desire to strengthen balance sheets overcoming the usual drive for profit maximization
uses risk management to focus an agency's budget choices and apply tools such as activity-based costing and business process innovation or reengineering to those programs and functions that are the most critical.
Life 500, a single-premium deferred annuity with three interest-crediting options, is a rollover product designed for asset maximization
Standard economic models rely upon individual, expected utility maximization
to explain economic behavior.
Ahmanson has decided now to put the issues of maximization
of stockholder value directly before Great Western stockholders,'' Ahmanson said in a statement.