This implies that fraud prevention measures will be used only if their cost are lower than the potential gains from fraud reduction, whereas high-cost low-return measures will not be used as would be expected from organizations whose goal is profit maximisation.
42.
Previously, one of the tenets of the VOC pricing policy was to slightly over-supply the pepper market, so as to depress prices below the level where interlopers were encouraged to enter the market ( instead of striving for short-term profit maximisation ).
43.
The company provides consulting in four business areas including strategy and business excellence ( operational excellence, market insights ), cost optimisation ( RAM, energy optimisation ), production maximisation ( hydrocarbon supply chain, margin enhancement ) and people and organisation ( capability transfer, production centred operations ).
44.
Unlike modern mainstream economists, Cheung's analysis does not rely on advanced mathematical techniques but solely on the two basic building blocks of price theory : one is the axiom of constrained maximisation and the other, the law of demand ( one that already incorporates the law of diminishing marginal returns ).
45.
According to Polanyi, in non-Capitalist, pre-industrial economies livelihoods are not based on market exchange but on tribal societies is for the producers, also called'production for use'or subsistence production, as opposed to'production for exchange'which has profit maximisation as its chief aim.
46.
Economic decision-making in such places is not so much based on individual choice, but rather on social relationships, tribal societies is for the producers, also called'production for use'or subsistence production, as opposed to'production for exchange'which has profit maximisation as its chief aim.
47.
In May 2014, Roebuck published a combined guide to both organisational and individual leadership introducing a new model of leadership Mach 2 leadership in his new book'Lead to Succeed-The Only Leadership Book You Need .'Mach 2 leadership enables the maximisation of employee effort and the application of that effort onto activities that maximises organisational performance.
48.
Rather than viewing Andrews as having denied profit maximisation Devine suggests that one should view his work as having raised'the possibility that our existing method of theorizing may give wrong clues as to how profits maybe maximised .'For Devine the main thrust Andrew's argument is directed against'the influence of atomistic methodology, which it is easy to argue from but difficult to argue to '.
49.
Each submission was submitted anonymously and the design brief was to provide " " space, light and warmth, flexibility, integration of external environment, and the maximisation of natural heat, ventilation and light " " with Manchester City Council planning department requiring a distinctive landmark design providing variety to a location predominantly made up of two-storey semi-detached residential properties and low-rise retail units.
50.
On 8 August 2012, the Competition Appeal Tribunal ruled that Ofcom's core competition concern about the way BSkyB sold its sports channels wholesale to competitors was " unfounded ", namely that BSkyB had deliberately withheld wholesale supply of its premium channels from other retailers, preferring to be entirely absent and that in doing so had been acting on strategic incentives unrelated to normal commercial considerations of revenue / profit maximisation.
