Question: What are your thoughts to this response regarding what value is and how it is determined and measured? Value is the worth of assets, goods,
What are your thoughts to this response regarding what value is and how it is determined and measured?
Value is the worth of assets, goods, and services. Value is easy to find but hard to measure. I think businesses tend not to measure their values correctly and take an estimated guess on things. Doing so costs the company time and money, leading to inefficient resources and misallocations of capital and investments.
For example, TikTok has made some questionable choices by adding third parties to come in and purchase things. Losing the trust of the customers. Information is getting leaked and people are getting frustrated because they are not able to trust TikTok.
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