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WordNet-Online
Definitions from WordNet
Adjective profit-maximising has 1 sense
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Definitions from the WebTerm: Profit-MaximisingDescriptionProfit-maximising is an adjective used to describe the action, behavior, or goal of an individual, organization, or business that aims to achieve the highest possible financial gain or profits. Senses and UsagesSense 1: Action or BehaviorWhen used to describe an action or behavior, profit-maximising refers to the act of maximizing profits by making strategic decisions that increase revenues and reduce costs. Example sentence:As a profit-maximising strategy, the company decided to increase the price of their products while simultaneously cutting down on production costs. Sense 2: Goal or ObjectiveWhen used to describe a goal or objective, profit-maximising implies that the primary focus or target of an individual, organization, or business is to attain the highest possible financial gain. Example sentence:The shareholders' meeting was centered around discussing profit-maximising strategies for the upcoming year to ensure the company's growth and success. Sense 3: Local UsageIn some regions or sectors, profit-maximising may also refer to the concept of local economic development by prioritizing and promoting the growth of local businesses and enterprises. Example sentence:Local government policies aimed at profit-maximising often involve providing tax incentives and support mechanisms to encourage the establishment and expansion of local startups and small businesses. Sense 4: Related ProductsIf you are interested in understanding more about profit-maximising strategies, here are some related products you can explore on Amazon: | ||||
profit-and-loss statement profit-building profit-first profit-generating profit-line profit-making profit-margin profit-margins profit-maximising profit-maximizing profit-taking profit profit and loss profit and loss account profit margin profit sharing profit taker
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