Business Value is defined as:
A) The monetary value of a business.
B) Items, events and interactions that determine the financial health and well-being of the firm
C) The cost to acquire a business by an outsider.
D) The overall value of taking data and transforming it in to information needed for decision making.

Question

Quizplus · Accepted Answer

Business value refers to the set of items, events, and interactions that determine the financial health and well-being of a firm. It includes not just monetary value, but also non-monetary factors such as brand reputation, customer loyalty, and employee satisfaction. While the other answer choices may be related to business value in some way, they do not fully capture its meaning.

Business Value Is Defined As