Mass production difference of the value of a certain amount of capital at different time points
Time cost refers to the difference between the value and mass production of a certain amount of capital at different time points.The time cost is exactly called“Time value of money”It refers to the mass production difference of the value of a certain amount of funds at different time points.
The time cost is exactly called“Time value of money”It refers to the mass production difference of the value of a certain amount of funds at different time points.As we all know, in thecommodity economyUnder the conditions, even if there is no inflation, the same amount of funds at different time pointsValueIt is also not equal. Today's 1 yuan is not equal to the future 1 yuan. The former is more than the lattereconomic valueLarge.The appreciation of funds over time in the use process isTime value of money。
Several different interpretations of time cost:
1. Time costIt refers to what customers must spend to get the expected goods or servicesTime conversionThe price of success.
2. Time costIt refers to the time cost to reach a specific agreement.
3. Time costIt not only refers to the loss of time itself, but also refers to the loss ofwaiting timeInternally causedMarket opportunitiesIs missing.
4. Time costIt refers to the expenses that should be paid due to the occupation or use of funds and materials to achieve certain production purposes.
Manager time costIt is the cost caused by the time invested by managers in management, that is, the time resources of managers cannot be used for other purposes because they are used for managementMaximum possible loss。
Time cost is customer satisfaction and valueSubtractive function, onTotal customer valueWith the same cost as other costs, the lower the time cost, thetotal costThe smaller the“customer delivered value ”The larger.Take service enterprises for example, customers are restaurants, hotels, banks, etcservice tradeWhen providing services, it is often necessary to wait for a period of time before entering the formal purchase orConsumption stage, especially in businessfastigiumEven more so.
stayService qualityIn the same case, the longer customers wait to purchase the service, the greater the time cost, and the greater the total cost of purchase.At the same time,Waiting timeThe longer it is, the more likely it will cause customers to be dissatisfied with the enterprise, thus increasing the possibility of giving up buying halfway.vice versa.Therefore, in order to reduce the time cost of customer purchase,Business operatorMust have a strong sense of responsibility and prior preparation for the provision of goods or services, and make careful arrangements in terms of the breadth and density of business outlets;At the same time, strive to improvework efficiencyOn the premise of ensuring the quality of products and services, reduce the time expenditure of customers as much as possible and reduce the purchase cost of customers, so as to create more for customers“customer delivered value ”. Strengthen the enterpriseProduct market competitionAn important approach to competence.
