advantages of profit maximization The same is true of unconventional interventions in corporate bonds and mortgage-backed securities. Not surprisingly, the concept of central bank independence obviously help to specific financial institutions - and this time, the whole society are under unprecedented economic pressures - soon become politically toxic. To avoid competition, the company plans to transfer the existing electronic materials business Any transaction can be seen as a contract between the two parties. The so-called transaction cost can be seen as the cost of the transaction contract. According to Mr Coase and others, a type of transaction costs arise from the accidental factors that occur when a deal is signed. These incidental factors may not be written into the contract due to the fact that they could not be foreseen in advance, or although they could be foreseen, they could not be written into the contract due to too many factors. Another type of transaction costs is the signing of contracts and the cost of monitoring and enforcing contracts. It goes without saying that the overall objective of foreign exchange investment is to achieve the greatest possible benefit of risk. As in any other venture capital, "earnings" is a function of the time required, which is not measured in terms of the monetary gain. A small profit in two or three days means that the deal is a success. On the other hand, this small interest will not be available for two or three months, even if it is a 100% profit, and it may not necessarily be cost-effective from the point of view of time. But in order to better future, we must expand the definition of the word "profit", the economic benefits and social benefits are included, and understand that block chain itself is a social innovation of technical solutions. Frances O’Grady, the TUC general secretary, said: “Two people working next to each other, doing the same job, should get the same pay rates. But too often agency workers are treated like second-class citizens. Some western economists believe that enterprises as an organizational form of production are, in part, an alternative to the market.