Difference between revisions of "Exchange value"
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(Created page with "'''Exchange value''' is the cost of the customer’s best alternative plus the value of whatever differentiates the offering from the next best alternative. [[Category:Value B...") |
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'''Exchange value''' is the cost of the customer’s best alternative plus the value of whatever differentiates the offering from the next best alternative. | '''Exchange value''' is the cost of the customer’s best alternative plus the value of whatever differentiates the offering from the next best alternative. | ||
| + | Basically it is the sum of the price of comparable alternative and its differential value. '''Exchange value''' and its derivation through an [[Exchange value model|exchange value model]] may also be refered as economic exchange value, exchange value analysis, economic value analysis, financial impact value, business impact model, financial value calculator, and many other names. | ||
[[Category:Value Based]] | [[Category:Value Based]] | ||
Latest revision as of 11:20, 10 January 2013
Exchange value is the cost of the customer’s best alternative plus the value of whatever differentiates the offering from the next best alternative.
Basically it is the sum of the price of comparable alternative and its differential value. Exchange value and its derivation through an exchange value model may also be refered as economic exchange value, exchange value analysis, economic value analysis, financial impact value, business impact model, financial value calculator, and many other names.