Talk:Value added/Archives/2012

Untitled

As long as "value-add" is merged into this page and not the other way around, why not? - Diceman 18:29, 19 Apr 2005 (UTC)

Agreed. --Haggis 20:31, 18 September 2005 (UTC)

Difference with Marxian interpretation

A difference between Marxian theory and conventional national accounts concerns the interpretation of the distinction between new value created and conserved value, and of the definition of "production".

For example, Marxian theory regards the "imputed rental value of owner-occupied housing" which is included in GDP as a fictitious entry; if housing is owner-occupied, it cannot have a rental value.

Could someone elaborate on this point, please? I couldn't understand it. Especially the idea behind "imputed rental value" and it being "a fictitious entry" escapes my comprehension. EnSamulili 21:09, 10 July 2005 (UTC)

Reply

I have added a paragraph on this topic to the article.

Merge?

"Value add" is more a yuppie concept, whereas value added is a concept in national accounts

Perhaps a link to Bullsh*t bingo could be added to the page?

An example is the price of gasoline at the pump over the price of the oil in it.

Too technical

The article is too technical. After the first couple of sentences, almost every noun phrase is a technical term from economics and no attempt is made to explain what's going on for those who don't have this technical background. Even the term "factors of production" is going to lose half the audience or more and "monetary imputation" should kill off most of the rest. It's surely possible to explain the difference between the interpertations of value added without resorting entirely to jargon. Dricherby (talk) 18:33, 13 July 2009 (UTC)

Seconded. The current article is so needlessly complicated and technical that I can't even tell if it matches my current understanding of the term (which is more a sales/marketing term than an economics one). In my own experience from working at companies that sell products and from a consumer advocacy standpoint, I've always heard the term as a noun in the form of "value add" or "value-add" while "value added" is its adjective form (you can have a product with value added features) and it can be verbed as well (you can have a product with value added or your development team can be value adding in this week's sprint.

I've added a new lead-in paragraph to the article stating Value add refers to "extra" feature(s) of an item of interest (product, service, person, etc.) that go beyond the standard expectations and provide something "more" while adding little or nothing to its cost. Value-added reseller (VAR) uses this definition. In support of my definition, there is a better description of this concept by Diane Helbig at The Sideroad, which is the first applicable non-wikipedia hit on an online search for value-add. Also of interest is the HR definition of value-add at About.com (included in my definition), which even sites wikipedia. I've linked both pages in the article. Adam KatzΔtalk 21:47, 5 October 2010 (UTC)

Tax

VAT does not tax 'value added' merely 'price markup'. Should not that be clearer?--Brunnian (talk) 16:59, 28 December 2009 (UTC)

Value-Add

Definition - "That which the customer is willing to pay for". This article confuses "Value-Add" with "Delighters".

You can add as many extra features as you like to a product that go beyond the standard expectation but it doesn't necessarily add value. Take Microsoft Office products for instance. Features are constantly being added or the interface constantly changed but these features don't necessarily add value - sometimes they subtract value e.g. the animiated paper clip guy or the research option in Office application. Adding something that is preceived to be better than the competion does not add value unless the customer is willing to pay for it. — Preceding unsigned comment added by 171.159.33.4 (talk) 10:43, 30 September 2011 (UTC)

Theft of the article

This article was stolen by Betascript Publishing, and published for private profit in: Lambert M. Surhone (Editor), Miriam T. Timpledon (Editor), Susan F. Marseken, Value Added: National Accounts, Macroeconomics, Factors of Production, Distribution, Intermediate Consumption, Gross Output. Betascript Publishing, 2010. The company claims that “Betascript publishing publishes academic research worldwide - at no cost to our authors.” (see VDM Publishing).