Just as there are inputs which are supplied by the owner of a business, and whose value therefore is a "virtual," not an actual, expense, so there can be outputs which are consumed by the owner of a business, and whose value therefore forms. (Kenneth Boulding)

Just as there are inputs which are supplied by the owner of a business, and whose value therefore is a "virtual," not an actual, expense, so there can be outputs which are consumed by the owner of a business, and whose value therefore forms.

Kenneth Boulding

Related topics

actual business expense owner supply value virtual

Related quotes

Business can constitute an enormous force for goodness in society. Through its commitments to corporate citizenship and to the principles of the UNGC, the global business community can continue to create and deliver value to society. View quote
Talal Abu-Ghazaleh
Literature and the arts are also criticism in a more particular and practical sense. They embody an expository reflection on, a value judgement of, the inheritance and context to which they pertain. View quote
George Steiner
The motivation for war is simple. The U. S. government started the war with Iraq in order to make it easy for U. S. corporations to do business in other countries. They intend to use cheap labor in those countries, which will make Americans rich. View quote
Michael Moore
In business the 80/20 principle is behind any innovation, any extra value. It is an entrepreneurial principle, a formula for value creation utilized not only by entrepreneurs, but by most managers and organizations. View quote
Richard Koch
Art owes its origin to Nature herself... this beautiful creation, the world, supplied the first model, while the original teacher was that divine intelligence which has not only made us superior to the other animals, but like God Himself, if I may venture to say it. View quote
Giorgio Vasari