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An approximate value in terms of Money that is guesstimated.

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Q: What is meant by perceived value of an item?
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What is use value and esteem value?

Use value refers to the practical benefits or usefulness that an item provides to the user, while esteem value is the perceived social status or prestige associated with owning or possessing that item. Use value is based on utility, functionality, and satisfaction derived from using the item, whereas esteem value is more about how the item enhances one's social image or status.


What is meant by equivalent perceived noise level?

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When one says an item is expendable what is meant?

When saying that an item is expendable it is meant that the item should be used up or consumed, and that it is not worth keeping or preserving. It is not reusable.


Consumer perceived value?

The consumer perceived value or simply as value in marketing is the difference between the costs of one product when compared to others and evaluation of the benefits of perspective customer. This value needs to be taken into account when setting prices.


What drops a trade in value for something?

The value of an item depends on weather its new, used, and what condition the item is in. If the item is damaged, it will most likely decrease the value.


What is 'value and satisfaction' in marketing?

The buyer chooses between different offerings on the basis of which is perceived to deliver the most value. Value reflects the perceived tangible and intangible benefits and costs to customers. Satisfaction reflects a person's comparative judgment resulting from a product's perceived performance (or outcome) in relation to his or her expectations.


What is somenthing valuable to you but worthless to someone else?

The item in question would be an item of sentimental value so that is my answer. An Item of sentimental value.


What is meant by the term import tax?

The term import tax or import duty is the amount that a countries authorities charge to import or export certain goods into or out of the country. This cost ranges based on the value of the item and the type of value.


How does trade increase the value of an item?

Trade increases the value of an item because it transers the item to someone who values it more. Hope that helps!


What is the difference between the prospective customer's evaluation of all the benefits and all the costs of an offering and the perceived alternatives?

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What is maximizing a firm value?

Value can be broadly divided as perceived and the realized value. The perceived value is the one that determines the effect of the realized ones. The maximization of the value of firm relates to the concept that how the business of the firm is being perceived as in the business world. Creating a value through ones core competence and making your customer the king of your business helps in building the value of the firm. The firms value acts as the deciding ones for making the clients follow your business. In recent business scenario the profit motif has shifted to the value motif.


Is book value an estimate of an asset's fair market value?

Not necessarily. Book value is the basis of the item less accumulated depreciation. Book value is rarely the actual cash value of an item, any item. Book value has to do with accounting and taxes, not sales price or actual cash value.