Again, I should wrote this blog long time ago. I am not sure I wrote it already. So, for god sake I have to write it again today :)
Several week ago, he was invite to gave us economic principle to R&D students.
He gave us the value equation) below:
RV = UV x CrV x ComV
where:
RV = Recognized value
UV = Understood Value
CrV = Created Value
ComV = Communicated value
I ask him in class why the model is multiplicative instead off additive model because most of statistical model alway assume additive effects?
He also gave us the 3 circles of decission making to buy the goods products. At the begining I argue with him that my wife alway buy rice from pathom asoke to what ever how expensive it was because she against exotic country market. But he told me that was mind factors in his 3 circles and finally I agree with him.
Regards,
zxc555
