Maximizing the Unearned Dollar

Workin 9 to 5, what a way to accomplish a living barely queertin by, its either talkin and no givin (Parton, p.1) bird Parton had the right idea when she wrote this song. We have to work to be able to hold for necessities such as ho development, clothing, and food. In addition to necessity, having enough specie left(p) over at the end of the month to go watch a show or eat at a nice eating house is an added bonus. Most of us put our nose to the grind stone solitary(prenominal) to live by the old pay pause to pay check creed. Payday arrives and its smiles tout ensemble around. Money makes us happy, but to a greater extent money makes us ecstatic.There are the lucky few who win the Publishers Clearinghouse sweepstakes or the lottery, but the rest of us have to stretch our dollars as distant as they will go. If you arent rich, stretching the dollar is a way of life. However, not everyone wants to live that way. For them, there are several alternatives. They crumb hit up th eir wealthy relatives, further their education, chose to work a not-so-glamorous job, or they can turn to crime.regrettably, not everyone has wealthy relatives, not everyone has their mind tick off to get their Masters degree, and not everyone has the body to swing on a pole for hundreds of dollars a night. Whats left? Thats rightcrime. somewhere come forward there people have figured out that you put ont have to work that hard to maximize your bucks. True-be-it that not all of us will turn to crime to make more money, from heavy(p) corporations to mom and pop shops, maximizing service program is what its all about.In the picture show Friday, the character Big sophisticate sells the drugs he produces to make money (Gray, 1995). His outgrowth is based on delegating sales to others, such as Smokey, adrug addict himself. In addition to owning a classic vehicle, which is decked out in style, Big twine also owns a snack peddle truck, which he uses to check out the progress of h is sales peopleincognito.Big Worms character is dressed in name brand clothing, wears coin necklaces, rings and diamond earrings, and appears to have his hair professionally styled. His character seems to be so powerful that when Smokey fails to give him his due profits from sales, Big Worm has access to guys that are willing to put a s railcare in Smokey by driving through the neighborhood shooting guns. Surethis is skilful a movie, but what Big Worms character does is no different than what big corporations dohe is utilizing his resources to maximize his utility. The precisely oddment is that Big Worm is an undiscovered criminal, and big corporations are operating healthyly.Without the economic aid of a writing staff, some real-life criminals dont have the corresponding results with their efforts. Hollywood gave Big Worm nice clothes, a nice car and nice hair, so it appeared that as a criminal, he had his business in a position good enough to create a profit. Unfortunately for real-life criminals, however, the way they handle their profit-maximizing decisions can prove that not all criminals are utility maximizers.Striving to achieve happiness can lead to total measures. Being financially set, though sometimes an unattainable objective, can pacify numerous stresses in ones life, which can lead to happiness. For some, this purpose is so important that they are willing to do not-so-legal things to get there. occupational crimes, or crimes move by altering records, overcharging customers or cheating a client (Wikipedia, p.1) is an example of an strain to maximize utility. But the key book of account here is attempt. An attempt can be unsuccessful, which translates to the aforementioned criminal guinea pig not being a utility maximizer after all.Take a cashbox fibber, for example. While the money people deposit occasional into their bank accounts in no way belongs to the bank narrator, the teller has access to an available source. over time, the teller discovers that by accompanying his or her deposit slip with the daily customer deposits, they are able to obtain hundreds, or maybe thousands of unnecessary dollars in their own bank account.After much research, the bank discovers that the teller is amenable for the discrepancies in so many peoples bank accounts. Upon the tellers arrest, it is demanded that all monies embezzled be returned. To the banks horror, the teller is unable to make restitution because the money was poorly spent on material items such as clothing and electronics. In this instance, the crime was committed without the intention of creating financial security. This particular criminal was not interested in being a utility maximizer.Back to the flip face of criminal utility maximization, insurance fraud is a good example to work with. In July of 2004, the owner of a grocery stock in Everett, Washington befuddled everything to a fire that was being investigated as a case of arson, more specificall y, a hate crime (SPI Staff Writer, p.1). It was later discovered that the owner of the store was the culprit, spray painting hate messages throughout the buildings exterior, then dousing it with gasoline before setting it on fire. This was far from a hate crime, the investigative squad determined. The reason for setting his store ablaze was to obtain the insurance he had on the store in order to alleviate some financial stresses he was experiencing. The investigation team determined that this was a case of arson for profit.On the legal side of multiplying your dollars, businesses, such as Enterprise Rent-A-Car, operate quite similarly to the style of our undiscovered criminal mentioned earlier within the text. Dubbed by Business Week powder magazine as one of the best places to work (ERAC, p.1),Enterprise Rent-A-Car is a pristine example of how utilizing your resources will maximize your profits. The structure consists of the sales team, the managers, the regional managers and th e executives. In combination with pushing upgrades with their rentals, the sales team also pushes damage electric discharge insurance. Good performance will earn bonus checks.The managers then manoeuvre the sales team in order to receive higher commissions. The regional managers push the managers for increased pay scales, and the chain continues. The key to this process is using what you have to make more of what you want. Incentives help this system. As noted, the ERAC team is equilibrise for increasing the companys profits. When you compare both criminal and legal operations side by side, the basics are the same.Though we have only compared corporations and criminals, we are all utility maximizers in one way or another. We have gambling, which comes in forms of scratch-offs, lotteries, bingo games, bets and casinos. Seeking to multiply their wealth, one magnate use their entire pay check to maximize his dollar. On the safer side of multiplying what youve got, we have people who invest.Conservative maximizers will place their money in low-interest savings accounts, while the more daring types will play the stock market. making the most of what you have is, for most of us, human nature. On our own accord, we may choose to leave things as they are, or we may chose to make an attempt at becoming self-made millionaires. Maximizing legally or illegally, how we get there matters. After all, you cant enjoy your maximized utilities from a lag cell.Works Cited1. Dolly Parton. 9 to 5. Greatest Hits. RCA Country, 1980. www.dollyon-line.com/archives/lyrics/9to5.shtml.2. Friday. Dir. F. Gary Gray. Ice Cube, Chris Tucker. 1995. DVD. new-fashioned Line Cinema. 1997.3. Enterprise Rent-A-Car. 2000/Rev. 2006. ERAC.com. January 2007. www.erac.com.4. Wikipedia. 2001/Rev. 2004. Wikipedia.org. January 2007. www.wikipedia.org.