product value
1product value chain — UK US noun [S] PRODUCTION, COMMERCE, MARKETING ► all the activities involved in making and selling a product, and any service provided after it has been bought, which together create the product s value: »Buying raw materials, selling the… …
2product value proposition — UK US noun [S] ► CUSTOMER VALUE PROPOSITION(Cf. ↑customer value proposition) …
3product value — worth of the products produced by a business …
4marginal product value — value of a product resulting from additional unit from a manufacturer …
5value-added product — ➔ product …
6Product binning — is the process of testing and sorting manufactured products into different classes of performance for the purpose of marketing and selling different product value at different prices. Products or parts are said to be binned when they have been… …
7Value Per Action — (VPA) refers to an online marketing business model similar to the Cost Per Action (CPA) model. While Cost Per Action provides a low risk arrangement in which the seller only pays an advertising fee when a consumer takes action (such as purchasing …
8Product service system — A product service system (PSS), also known as a function oriented business model, is a business model, developed in academia, that is aimed at providing sustainability of both consumption and production. [cite journal|journal=Journal of Cleaner… …
9Value added — refers to the additional value of a commodity over the cost of commodities used to produce it from the previous stage of production. An example is the price of gasoline at the pump over the price of the oil in it. In national accounts used in… …
10Value Stream Mapping — is a Lean technique used to analyse the flow of materials and information currently required to bring a product or service to a consumer. At Toyota, where the technique originated, it is known as Material and Information Flow Mapping [Learning to …
