Profit vs Utility

Profit vs Utility - as much about revenues and expenses....

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Collin Baldwin Individual Assignment 1. After reading the articles posted and 1. As a short term General manager what type of maximization do you prefer and why? As a general manager the type of maximization I would choose is the utility model. The utility model helps out the managers by maximizing satisfaction and doesn’t worry as much about profit. Under the utility model it also shows that the managers care more about the organization and not
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Unformatted text preview: as much about revenues and expenses. 2. As a short term sport franchise fan what type or profit do you prefer and why? As a sport franchise fan the type of maximization I would choose is the profit model. The profit model is more for the short term and it can help benefit the sports fan earn additional profits in the long run....
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This note was uploaded on 12/18/2011 for the course ECO 202 taught by Professor Normmiller during the Fall '08 term at Miami University.

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