haku: @indexterm value-in-use pricing / yhteensä: 9
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| Tekijä: | King, A. |
| Otsikko: | Differentiating Between Cost, Value, and Price |
| Lehti: | Journal of Cost Management
2000 : NOV-DEC, VOL. 14:6, p. 21-25 |
| Asiasana: | COSTS VALUE THEORY VALUE-IN-USE PRICING PRICES PRICING |
| Kieli: | eng |
| Tiivistelmä: | Financial professionals deal with the concepts of cost, valu value, and price in every aspects of their work. Although cost, value, and price are three separate and distinct concepts, many business managers, as well as consumers, get these concepts confused. Various values for a given item or service are each correct depending on the specific purpose of the valuation and the nature of the transaction. This paper provides six cases. Each of them shares a common element: in one form or another, they demonstrate how in a capitalist society the market determines cost, price, and value. To derive some general principles, each of these six cases must be considered in precise terms. |
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