Profit. How to Obtain, Preserve and Multiply It

Profit after tax payments is the most important goal of company executives. Profit is the price of survival and the opportunity to create new value. In this book, renowned management expert Hermann Simon clarifies the confusing concepts of profit and financial reporting.
The author highlights the ethical aspects of profit and presents compelling arguments for profit orientation, without which a market economy is impossible. He examines the metrics of many companies and industries in different countries, as well as the key drivers of profit growth: price, sales, and costs. Readers receive exclusively practical recommendations based on thorough analysis, as well as a clear guide to profit-oriented and sustainable corporate governance.