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.network glossary
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value:

... that which its target user group should expect from the websites of The Network although provides free-access to resources. Also, value is the power of goods or services to command other goods in exchange on the basis of what is mutually accepted as fair. Information has such power based on its worth to business decision makers and others involved in the .network mission. Contact us should you have questions, comments, or concerns about the value of what The Network offers or what you find as a user.
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definition of value in terms of enterprise and economic development
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value added:

... the difference between the cost of what goes into an item and the net price for which it is sold; the output price less the input cost which includes everything that the processor is accountable for, such as wages, taxes, profit, and parts.
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definition of value added
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value-based management:

... a procedure for aligning units of an enterprise with its goals by focusing on measurable and responsive operating variables or activities which have an impact on specific things of worth (value drivers) when changed. The resulting strategic alignment is detailed as necessary for making plans, programs, and initiatives clear at each management level so that improvements can be made in areas such as operating cash flow, cost of goods sold, and sales. End results affect individual manager's behavior by driving decision criteria.
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definition of value-based management / what are value drivers for business managers
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value engineering:

... a process used to analyze and manage production costs for the purposes of quality improvement and increased profitability; value method, value analysis, value planning, value management, function analysis. No matter what it's called, VE stems from the mid-20th century when efficiency procedures and techniques were developed and applied for the purposes of maximizing the performance of employeesdashmore at http://www.value-engineering.com/vmtell.htm; also see the definition of excellence.
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definition of value engineering
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value proposition:

... an function strategy of an enterprise designed to help it become more competitive and to create added value for shareholders or ownersdashThe Strategic Alignment Handbook.
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definition of value proposition / where to find the strategic alignment handbook
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variable rate:

... the condition under which a lender alters the interest rate, usually in accordance with an agreed upon base index. A related term is flexible rate mortgage or loan.
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definition of variable rate / definition of flexible rate / definition of flexible rate loan
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variance:

... permission to use or do something in a way other than what an existing law, policy or guideline allows. For example, a location pursuing an economic development prospect might grant a zoning variance for a site. Such variances may require public approval.
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definition of variance / what is a zoning variance
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vendor ... a seller to the vendee who is the purchaser.
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definition of vendor / definition of vendee as one who purchases from a vendor
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venture:

... the entity of enterprise, for example, a business venture; an entrepreneurial effort, as in a new venture startup. The expression, new venture startup, indicates that a business decision maker maker has not only proceeded to do something in spite of the risk involved, but has arrived at a point of no return; i.e., if the venture is a new enterprise that has started up, it exists. In the enterprise development context venture is generally not used in conjunction with expansions. It can be said, however, that an expanding enterprise ventures into a new market or, in the case of site selection, to a new location
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definition of venture / definition of new venture startup
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venture capital:

... financing-at-risk directed towards an investment. Venture capitalists are investors who takes calculated financial risks on startup enterprises, generally expecting an ROI commensurate with the size of the risk. They also seek control in the event an investment is in jeopardydashsee business venture. See the link to a glossary of venture capital terms under a discussion of the entrepreneurial spirit in the .network library for more information.
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definition of venture capital
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venue:

... the scene or setting in which something takes place, usually, a sports event or other activity planned for in advance and prepared for people to gather; a place for an activity.
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definition of venue
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vested interest:

... to claim or have a right to protect or promote that which is to one's own personal advantage or gain; an interest which clouds objectivity and/or creates a bias for personal, perhaps hidden, gain; a special interest that moves to a right, title or claimdashmore from The Free Dictionary by Farlex which also provides the definition of vested interests.
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definition of vested interest / definition of vested interests group
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vested remainder:

... a grantor's future claim or right that stays with a conveyance of title or right; a present interest set aside until a time in the future when it returns to its grantor.
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definition of vested remainder / what is the future claim of a grantor called
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virtual:

... something so real in force or effect that it produces results that appear as an actual occurrence or situation; that which is seemingly real; a simulation. For example, it is possible to create a virtual association online that functions in the same way as that of the traditional organization of a special interest group which coordinates the sharing of information within its membership and puts together meetings for networking purposes. In fact, The Network, which is an online information service for members of a special user group, is comparable to a real-world association having a similar missiondashmore clarification.
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definition of virtual / what is a virtual association / example of a virtual association
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virtual networking::

... an online information exchange intended to build or maintain a working relationship; all of the forms of networking in today's world which effectively makes use of communication technology; contact that is authentic although other than face-to-face. See the above definition of virtual and the .network guide to the basics for virtual networking success. The Network facilitates searches that lead to business networkingdashsee its mission statement
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definition of virtual networking
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virtual networking event:

... the occurrence of networking activities as a result of people having contact data available online and another person attempting to build, reestablish, or confirm a working relationship with them after having searched and found it.
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definition of virtual networking event
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vocation:

... a job, profession or work that requires special commitment. Vocational training or vocational education are terms use to describe programs available to prepare people to qualify for jobs.
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definition of vocation
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voice of the customer:

... a job security truth ,,, a motivational phrase used in conjunction with quality management or continuous improvement strategiesdashsee excellence. It alerts workers to the fact that their jobs depend on satisfied customers. When a customer speaks to an issue, such as a product of poor quality or a cost that is too high to compete, individual workers must hear what is said and take positive actions to address the situation on an individual basis. Workers outside of government should have no illusions about job security as it relates to the voice of the customer. All enterprise work opportunities are ultimately dependent upon standards that customers set. Organizations that represent workers do them a disservice when they pit them against management without creating an understanding that the customer has the ultimate job control; however, the cruelest disservice of all is that of politicians who enflame the passions of labor by not telling the truth while focusing attention away from opportunities to understand why people have jobs or why jobs are lost from communities.
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definition of voice of the customer / the customer ultimately speaks with the most authority
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link: .network help / intro

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[V] page in the .network glossary / page in an alphabetical series

go back / dictionaries and glossaries (.network library) / page up

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virtual networking:

... an extension of networking activities in the real world rather than a substitute for it. Virtual networking helps overcome the time constraint of real-world networking because contact data can be available online at all times.

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