Profit motive what drives the things wedo

Profit motive what drives the things wedo

Author
Sauer, Charles D
Publisher
SelectBooks, Inc.
Language
English
Edition
First Edition
Year
2018
Page
(xi, 240 pages) : illustrations
ISBN
9781590794760,9781590794449,1590794761
File Type
epub
File Size
1.3 MiB

Most businesses are driven to maximize profit, but what does this drive really mean in action? In Profit Motive: What Drives the Things We Do economist Charles Sauer makes the case that identifying your own and others’ “Profit Motives” provides the foundation for running a successful business, being an effective leader, a good consumer, and getting what you really want out of life. In this highly praised new treatise on economic behavior, Sauer examines how businesses make decisions in pricing and employment and how the search for long-term profit can mean adopting practices that may seem contrary to fundamental capitalist principles. But the Profit Motive analysis goes well beyond the realm of finance and corporate decision-making to explain how gaining a profit, or a benefit, is the motivating force behind an endless array of choices made by everyone from large organizations to individuals and their families―and everything in between.

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