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Basics of the Concept of Value Management in the Works of Marginalists


Andrey Volkov
(about the author)

Volkov Andrey Ivanovich – Assistant, Chair of Economics and Organization of Production, Kaluga Branch of Bauman Moscow State Technical University

Published in:
Russian Journal of Entrepreneurship
– № 8-2 / August, 2011



Keywords: cost, marginalism, price, value, value based management


Citation:
Andrey Volkov (2011). Basics of the Concept of Value Management in the Works of Marginalists. Russian Journal of Entrepreneurship, 12(8), 18-21. — url: http://bgscience.ru/com/lib/3147


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Abstract:

The article analyses the basics of the notions of price and value in the works of the first theorists of marginalism. The distinctions of these notions and their role in the modern concept of value-based management are shown.







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