Value Archives

Value

15 posts

In ethics, value denotes the degree of importance of something or action, with the aim of determining what actions are best to do or what way is best to live or to describe the significance of different actions.

1. Accounting: The monetary worth of an asset, business entity, good sold, service rendered, or liability or obligation acquired.

2. Economics: The worth of all the benefits and rights arising from ownership. Two types of economic value are (1) the utility of a good or service, and (2) power of a good or service to command other goods, services, or money, in voluntary exchange.

3. Marketing: The extent to which a good or service is perceived by its customer to meet his or her needs or wants, measured by customer’s willingness to pay for it. It commonly depends more on the customer’s perception of the worth of the product than on its intrinsic value.

4. Mathematics: A magnitude or quantity represented by numbers.

FFinancial Management

The relationship between Economic and Market Value Added!

byilearnlot
January 12, 2019

Whether a company has positive or negative Market Value Added (MVA) depends on the level of rate of return…

FFinancial Management

What is MVA (Market Value Added)?

byilearnlot
June 1, 2018

Learn, Explain What is MVA (Market Value Added)? Economic Value Added (EVA) is aimed to be a measure of the wealth…

Value Added Definition Beneficiaries and Uses - ilearnlot

9 minute read

FFinancial Management

Value Added: Definition, Beneficiaries, and Uses!

byilearnlot
June 1, 2018

Learn, Explain Value Added: Definition, Beneficiaries, and Uses! The traditional basic financial statements are balance sheet and Profit & Loss account. These statements generate…