If priority #1 is shareholder value, then doing all 3 of those makes sense.
If priority #1 is something other than money, then maximizing profit can lead to a negative impact on the true mission.
So I do agree it's context-dependant, but perhaps a slightly different context than you had in mind?
For example paying people less might impact your ability to improve your money stream. Similarly having fewer people may lead to some missed opportunities.
If priority #1 is shareholder value, then doing all 3 of those makes sense.
If priority #1 is something other than money, then maximizing profit can lead to a negative impact on the true mission.
So I do agree it's context-dependant, but perhaps a slightly different context than you had in mind?