A Rich Concept of Wealth Creation Beyond Profit Maximization and Adding Value

Value Creation and Profit Optimization

The present paper presents a basic framework for evaluating and optimizing profits in a business operation. In building up a business we are often faced with an infinity of choices ranging from what products or services to sell and what customers to target to how to manufacture and market the products. To support the decision-making process a semi-quantitative dimension is here added to the tra...

wuthering heights and the concept of marality/a sociological study of the novel

to discuss my point, i have collected quite a number of articles, anthologies, and books about "wuthering heights" applying various ideas and theories to this fantastic story. hence, i have come to believe that gadamer and jauss are rightful when they claim that "the individaul human mind is the center and origin of all meaning," 3 that reading literature is a reader-oriented activity, that it ...

Creation of Illness Meaning: A Central Concept of Spiritual Health

Viktor Frankl, a neurologist and the founder of logo-therapy (1969) stated that “will to meaning” is the basic essence of the universe (1). Logo-therapy means therapy through meaning, which is based on the premise that man has a will-to-meaning; the meaning thus lies in suffering(2). One of the most important human functions is discovering meaning in life, which is also considered as a sign of...

Customer Selection and Profit Maximization

Profit Maximization and Supermodular Technology

A dataset is a list of observed factor inputs and prices for a technology; profits and production levels are unobserved. We obtain necessary and sufficient conditions for a dataset to be consistent with profit maximization under a monotone and concave revenue based on the notion of cyclic monotonicity. Our result implies that monotonicity and concavity cannot be tested, and that one cannot deci...