[Info-vax] Life after Digital

[Arne Vajhøj]

Hein RMS van den Heuvel wrote:
> On Oct 18, 11:10 am, Arne Vajhøj <a... at vajhoej.dk> wrote:
>> You think any big corporation are different?
>> They exists to maximize profit!
> 
> Going down that rathole.
> 
> I just happened to read:  http://en.wikipedia.org/wiki/Satisficing
> Pay specific attention to the last line in this paragraph...
> 
> "In economics, satisficing is a behavior which attempts to achieve at
> least some minimum level of a particular variable, but which does not
> necessarily maximize its value. The most common application of the
> concept in economics is in the behavioural theory of the firm, which,
> unlike traditional accounts, postulates that producers treat profit
> not as a goal to be maximized, but as a constraint. Under these
> theories, a critical level of profit must be achieved by firms;
> thereafter, priority is attached to the attainment of other goals."

That may actually be relevant for companies that are owned and
managed by a single person.

I can not see a company like HP using that model.

Arne