Business Objectives

Cards (2)

  • Profit Satisficing
    -Vision Express supports OneSight Foundation by providing free glasses and eyecare for those who need it the foundation has provided 77 million people with glasses
    -Google donates $200 million annually to nonprofits and social enterprises including $45 million to support refugees
  • Profit Maximisation
    • Apple profit maximises by charging high prices and producing fewer phones making an estimated $609 per phone and boasting a 30% operating profit margin
    • Pfizer profit maximises by patenting medicines, particularly during Covid where they earned $35 billion between 2021 and 2022