The definition of value is often:
A) an objective assessment.
B) a subjective assessment.
C) a financial assessment.
D) a strategic assessment.
E) an organizational assessment.

Question

Quizplus · Accepted Answer

Value is often considered a subjective assessment as it is based on individual preferences, needs, and perceptions. Different people may assign different values to the same item or service based on their unique perspectives and circumstances. While objective assessments such as price, quality, and performance can influence an individual's perception of value, the ultimate decision on whether something is valuable or not remains a subjective one.

The Definition of Value Is Often