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What is another word for profit maximization?

Pronunciation: [pɹˈɒfɪt mˌaksɪma͡ɪzˈe͡ɪʃən] (IPA)

Profit maximization refers to the process of increasing profits to the highest possible level. However, there are several synonyms for this term that are commonly used in business. A few alternatives to profit maximization include revenue maximization, earnings optimization, and return on investment enhancement. Other related terms include cost reduction, margin improvement, and profit optimization. By focusing on these areas, businesses can increase revenue and profitability over time. Ultimately, the goal of these terms is to give companies a framework for improving financial performance, but the specific approach may vary depending on the industry, market, and specific company goals.
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Synonyms for Profit maximization:

What are the hypernyms for Profit maximization?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    competitive advantage, business success, optimal performance, market domination, Economic optimization, Financial optimization, Maximizing wealth, Profitable growth, increased earnings, wealth accumulation.

Famous quotes with Profit maximization

  • I thought that, given the system of rewards central to our economic system, in which profit maximization is valued above all else and specifically above life, it is probably just as irresistible to the owners of capital (human or otherwise) to exploit workers (and the land): "Nothing personal," they say as they load their property onto the ship bound for the Middle Passage, "but a man's gotta turn a dime."
    Derrick Jensen
  • ...the perception of potential threats to survival may be much more important in determining behavior than the perceptions of potential profits, so that profit maximization is not really the driving force. It is fear of loss rather than hope of gain that limits our behavior
    Kenneth Boulding

Related words: maximizing profit, business profit maximization, profit vs revenue, maximizing revenue, maximizing profit in the long term, maximizing productivity, maximizing profits, maximizing profit and minimizing risk, maximizing profits and minimizing risk

Related questions:

  • How to maximize profit?
  • What is the best way to maximize profits?
  • How do you maximize your profits?

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