Importance of Time Value

User Generated

wfsvyre08

Business Finance

Description

Do you believe the concept of time value is important in ordinary business relationships? Explain. How would you use the concept of time value to determine the value of a business?

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Explanation & Answer

Yes time values is very important as you want to finish a job on time and the correct way. As I have a job here as an online tutor I must use my time wisely as I finish students assignments on time and correctly. That is part of my job. If you got  a job interview you want to be on time. IF you have a meeting in a large corporation you definitely want to be on time. It all depends on the situation. The value of a business depends on its employees on how they use their time wisely to keep its business going.


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