Value is broadly defined as the fundamental relation between subject and object. Value is the complex situation
that includes both a subjective aspect--motivation--and an
objective aspect--the valuable.
A concept is an abstraction recognized as
being common to more than one particular object.
--Daniel E. Anderson*
Because actions are motivated, they are purposive.
Knowledge is created when information is successfully
organized to fulfill purposes.
VALUE is ADDED
ENRICH or ENHANCE
the relation between subject and object.
Our knowledge of our business entity is increased
by making explicit that which is implicit in the
entity's actions and choices.
Specifically, the relationships of the business entity
to itself and to its (internal and external) environment
must be identified, examined and evaluated. Through
this process, these freshly acknowledged elements
become functional, changeable, and productive.
Thus, by increasing our understanding
of our business, we generate an
ARRAY OF OPTIONS
for present and future
*Daniel Erwin Anderson, American philosopher, 1928-1994.
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