MAGIC POSTS

No.133- ONE PAGE MAGIC★OVERVIEW OF THE TYPES OF VALUE★

There are many different types of value. Value has to do with how much something is worth (cash, importance). Value is defined as the worth, usefulness or importance of someone or something.


★Value added is the difference between product price & the cost of producing it. The price is set by customers willing to pay on their perceived value. In process analysis, each step is reviewed for value contribution to the desired output.


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.133_Overview_of_Types_of_Value - PDF
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