When it comes to business, maximizing sales and profits are two fundamental objectives. Sales maximization is a business strategy that a company implements when it wants to focus on generating as ...

I cover the psychology of leadership. Let me give you an example of time maximization. Randy Boll, like most people, didn’t have enough time in the day to get it all done. Randy was already one ...

In justifying his attacks on Bain Capital, President Obama argues that "profit maximization" might be an appropriate goal for a private-equity firm, but not for more general public policy.

Expected utility maximization may be unfamiliar, but it explicitly or implicitly underlies the work of every finance professor young and old around the world, including Nobel Laureates in ...

Pension maximization is a retirement strategy for couples that involves opting for the highest possible annuity payout for one spouse's lifetime while obtaining life insurance to provide income ...

Gross domestic product (GDP) is the world’s standard measure of well-being, but remains deeply flawed. It fails to capture ...

The number of ways to harvest energy that would otherwise go unused and wasted is extraordinary. To cite a few of the many examples, there’s the heat given off during almost any physical or electronic ...

These two motivations are the basic difference between profit and revenue maximization and illustrates the difficulty in choosing the appropriate strategy for a small business just starting out.