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Until very recently rich countries could be confident that they had "knowledge driven, high value" economies while poorer countries made low value goods, competing on cost not quality.
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If a manufacturer puts out something that really appeals in terms of pricing, value, economy — the entire package — people will buy it".
When you spend years dissecting and analysing the very best poetry, you come to value economy of language, le mot juste, and the sounds and rhythms of a line.
VALUE ECONOMY: Right customer value delivered economically (quality, usability of service / product).
Volkswagen hired Deutsch to help it achieve the lofty goal of capitalizing on the new "value economy" and growing U.S. sales from 200,000 this year to 800,000 in 2010.
But as provision of goods and services becomes increasingly automated and low-value, economies that explicitly reward people for accumulation of the truly valuable goods, ie social capital, will increasingly outperform economies that are unable to represent such goods, or represent them only indirectly where they lead to increased production.
Those core nostrums of Tory values – economy, security and punishment – have been invoked.
In that respect, though, the Mini is making a welcome return to one of its antecedents' values; economy.
One of the central theses of The Nordic Cookbook is that a country's dinner table reveals a great deal about its culture's values, economy, landscape, religions, politics, and even family structure.
"We would end up competing on low-wages and low-skills: an off-shore low-value economy, a race to the bottom," he said.
It seems individual ownership creates more value than economies of scale, but doesn't show up on financial projections or balance sheets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com