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MANAGEMENT METRICS
COST, PRICE & VALUE [5a]
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When the produced VALUE is lower than COST, there is VALUE DESTRUCTION.
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There is a business LOSS when then PRICE is lower than the COST to produce.
There will be no sales if PRICE is higher then VALUE.
To the extent that PRICE is higher then VALUE, value destruction is transferred from producer to consumer.
There is a dangerous deficit in understanding the role VALUE plays in the global socio-enviro-economic system, aggravated by corporate advertising and the promotion of consumerism.
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