Rather, profit maximization is good because it leads directly to maximum benefits for consumers. Profits provide the incentive for firms to do what consumers want.

We need to stop maximizing profit and start maximizing value. SEE ALSO: 15 Facts About Starbucks That Will Blow Your Mind. Recommended video. Read next ...

Cavallo will showcase its Profit Max Platform, including the latest Infor integration, at ELAVATE '25, its Profit Maximization Conference taking place August 18 to 20 in Grand Rapids, MI.