Value
![]() Value is a term that expresses the concept of worth in general, and it is thought to be connected to reasons for certain practices, policies, or actions. ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ In marketing, the value of a product is the consumer's expectations of product quality in relation to the actual amount paid for it. It is often expressed as the equation : ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
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~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ::Value = Benefits / Price ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ :::or alternatively: ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ::Value = Quality received / Expectations ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
Marketing: Marketing is the process of planning and executing the pricing, promotion, and distribution of goods, ideas, and services to create exchanges that satisfy individual and organizational goals." American Marketing Association.... Product: There are several usages of the word product, see:... Quality: Quality refers to the inherent or distinctive characteristics or properties of a person, object, process or other . Such characteristics or properties may set a person or thing apart from other persons or things, or may denote some degree of achievement or excellence. When used in relation to people... Value related Images and Photos (experimental)
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~ Related Subjects ~Object (1) - Character (1) - Trait (1) - Marketing (1) - Product (1) - Quality (1) -~ Community ~
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