maximization
- noun
- /ˌmæksɪmaɪˈzeɪʃən/
- OK, so profit maximization requires production efficiency.
- profit maximization
- wealth maximization
- utility maximization
So profit maximization is a hill climbing exercise.
- So profit maximization is a hill climbing exercise.
- Cutthroat corporatism, where the end game is stockholder wealth maximization at almost any cost.
- He Thatcher loved him and Reagan loved him and he traveled around the world promoting this concept of maximization of profits.
Examples
-
Under an economic model that prioritizes the maximization of aggregate income, it is inevitable that jobs will be outsourced.
Academic text (2012) -
Strategies that have proved successful include reimbursement planning, revenue maximization, cash management, and resource management.
Academic text (1993) -
Social goals can replace profit maximization as a powerful motivating influence.
Academic text (1998) -
Such a concentration of AIDS-related care in a few facilities permits maximization of available care at a minimal cost.
Academic text (1992) -
The axioms of perpetual economic growth and short-term profit maximization are coming under increasing scrutiny and attack.
Academic text (1991) -
Grameen's experience substantially affirms the notion that profit-maximization is not the only force stimulating free enterprise.
Academic text (1998) -
Businesses often focus on maximization of their profits to compete effectively in the market.
-
The maximization of resources is crucial for improving overall efficiency in any project.
-
Effective strategies for maximization can lead to significant increases in a company's market share.
Synonyms
The act of raising something to its highest possible level
To make something as big or useful as possible
Antonyms
How Large
Surface Forms
Morphology
Etymology
Maximization comes from the Latin word maximus, meaning 'greatest', and from the familiar English words maximum or max. So maximization is the act of making something as big or as effective as possible, which is why we use it when we want the biggest result.