Keywords
profit maximization
competition
market demand
innovation
efficiency
How to Cite
Abstract
This article discusses and analyzes the factors that influence the maximization of profits of
industrial enterprises, their impact on enterprises and strategies for managing this impact. It is also explained that
studying and understanding the factors influencing profit maximization can give industrial enterprises a unique
advantage in the competitive market
References
Besley, T., & Persson, T. (2011). Pillars of Prosperity: The Political Economics of Development Clusters. Princeton University Press.
Brynjolfsson, E., & McAfee, A. (2014). The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies. W. W. Norton & Company.
Chesbrough, H.W. (2003). Open Innovation: The New Imperative for Creating and Profiting from Technology. Harvard Business Review Press.
Jensen, M.C., & Meckling, W.H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360.
Kaplan, R.S., & Norton, D.P. (1996). The Balanced Scorecard: Translating Strategy into Action. Harvard Business Review Press.
Krugman, P., & Obstfeld, M. (2009). International Economics: Theory and Policy. Pearson.
Lancaster, G., & Massingham, L. (2010). Essentials of Marketing Management. Routledge.
Porter, M.E. (1980). Competitive Strategy: Techniques for Analyzing Industries and Competitors. Free Press.
Porter, M.E. (1985). Competitive Advantage: Creating and Sustaining Superior Performance. Free Press.
Russo, M.V., & Sankar, C.S. (2015). Winning in Turbulence. John Wiley & Sons.
Samuelson, P.A., & Nordhaus, W.D. (2010). Economics. McGraw-Hill.
Schumpeter, J.A. (1934). The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle. Harvard University Press.
Kotler, P. (2011). Reinventing Marketing to Manage the Environmental Imperative. Journal of Marketing, 75(4), 132-135.
Schumpeter, J.A. (1942). Capitalism, socialism, and democracy. Harper & Brothers.
Tirole, J. (1988). The theory of industrial organization. MIT press.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Copyright (c) 2024 Economics and education