Wouldn’t value for the price be better? It seems backwards to me.
Exactly. Something is either worth what you paid (a good value) or not worth what you paid (not a good value). Keep it simple.While that would be better it still is a bit redundant as "value" implies "price" plays a role already.
So they can just say "value" and be done with it
While that would be better it still is a bit redundant as "value" implies "price" plays a role already.
So they can just say "value" and be done with it
Value and Price are different, but value includes an assessment of price. You can't say that something is a good value with no knowledge of its cost so price is already factored in to value.Value and Price are two different things.
Well no. Value and Price are two different things. Price is the cost. Value is what you get from that cost, either in terms of what you feel you saved or in the return you get. For instance: Imagine you can get 1 can of soda for $1 dollar or 6 pack of soda for $4.00. There is a higher cost in getting 6 cans of soda, but more value than buying 6 individual cans.
The "value" in this context is referring to the quality of service we expect from Disney. The increased cost in conjunction with photoboxes, elimination of streetmosphere, overall decline in customer service, etc. does not match the value we have come to expect to justify the higher expenses. Granted "value" is a much more intangible element in this case, but that is what is meant here.
but price is an element of value ... if you have the greatest quality but cost 10x more than something with 50% of that quality, that isn't good value
So if you say something has good value that means the price you are paying for it is worth the quality you are receiving. You can't measure "value" if you don't know the price
Wouldn’t value for the price be better? It seems backwards to me.
This phrase makes me cringe, and I don't know why. I think it's like my brain is trying to divide by zero while trying to understand what it means.
The point is price is simply one metric of value but they are not one and the same. One could end up paying the same price for something not worth the quality received. It is that variance vs cost that determines value.