Tag: product
Variable Cost-Plus Pricing
What is 'Variable Cost-Plus Pricing' Variable cost-plus pricing is a pricing method in which the selling price is established by adding a...
Value Proposition
DefinitionA value proposition is a promise of value to be delivered, communicated, and acknowledged. It is also a belief from the customer about how...
Value-Added Reseller
DefinitionA value-added reseller is a company that adds features or services to an existing product, then resells it as an integrated product or complete...
Value Network Analysis
What is 'Value Network Analysis' The analysis of the members and the interactions of these members within a value network. Value network...
Variable Cost
What is a 'Variable Cost' A variable cost is a corporate expense that varies with production output. Variable costs are those costs...
Value Network
Three Ways to Define a Value Network
A value network is a graphical representation of social and technical resources. Each node represents people, roles, and...
Veblen Good
What is a Veblen Good
A Veblen good is a type of consumer good for which demand increases as the price increases. This occurs because...
Variable Overhead
What is a 'Variable Overhead' Variable overhead is the indirect cost of operating a business, which fluctuates with manufacturing activity. For example,...
Value Added
What is 'Value Added' Value-added describes the enhancement a company gives its product or service before offering the product to customers. Value-added...
Value-Based Pricing
DefinitionValue-based price is a pricing strategy which sets prices primarily, but not exclusively, according to the perceived or estimated value of a product or...