BUSINESS FINANCE I Dersi Introduction to Business Financial Management soru detayı:

PAYLAŞ:

SORU:

What is production and customer value?


CEVAP:

Production value tells how much effort is required in order to produce goods and services. For example, if a company spends 100 TL for raw materials and spends extra 80 TL for labor in order to produce a product, then the production value is 180 TL. Customer value is how much a customer thinks a product is worth. Let’s think a customer pays 200 TL for the product. So, the company earns 200-180 = 20 TL by selling a product to a customer.