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VIJJU
Profit maximisation is better or minimisation is better for a company?
Profit in any company will want max. However, depending on the product quality comes first then quantity. Having a reputable company will produce max profits. I am split 50/50 on this one.
Jeevan Kumar Mittal, 1956
Aim of every company is to gain. Earning maximum is good. Earning reasonable is very good. Some earn more from less customers. Some earn less from more customers. If you have monopoly, you may earn maximum.
Flixy
The only real benefit to come from minimising profits is that it reduces tax liabilities
shano 2006
Profit maximisation definetly, why would you want to make less money? Unless you want staff to be happy etc I guess money isnt everything. But in my opinion maximisation is def. better
havenjohnny
hey ma look he dont know if he wants more or less profit from his co. we should sell him some chickens
Manu
for a big company it is better to maximise profits and in case of a small company u need to minimise profits
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