When it comes to business, maximizing sales and profits are two fundamental objectives. Sales maximization is a business strategy that a company implements when it wants to focus on generating as much ...

Journal of Productivity Analysis, Vol. 27, No. 3 (JUNE 2007), pp. 231-236 (6 pages) Determining the profit maximizing input-output bundle of a firm requires data on prices. This paper shows how ...

General counsel say they've grown exasperated by law firms' continued lack of transparency, especially related to billing, a shortcoming that's making it increasingly difficult for them to justify ...

Profit margins are the amounts that companies make beyond what it costs to create goods or services, such as costs of goods sold, production costs, inventory costs and similar expenses. A high profit ...

It has been reported that Paul Weiss Rifkind Wharton & Garrison has moved to a 'black box' style profit sharing system. A black box system allows the firm to allocate profits between partners ...

Avy Punwasee is a Partner at Revenue Management Labs. We help companies develop and execute pricing solutions to maximize profits. Cost-plus pricing has long been a standard method for setting product ...

Organization & Environment, Vol. 31, No. 3, Special Issue: Creating Value for Stakeholders: Mechanisms, Measurements, and Performance Implications (September 2018), pp. 242-262 (21 pages) The ...