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By comparison to similar situations, real or hypothetical.

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12y ago
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Q: How are you to assess the relative goodness or value of situations?
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Related questions

Sentence for assess?

Mortgage lenders will assess the value of your home before granting you a loan


What does the term assess mean?

Assess: make a judgment of value, quality, outcomes, results or size


What does the directive term 'assess' mean?

Assess: make a judgment of value, quality, outcomes, results or size


What is the difference between IRR and yield to maturity?

IRR (Internal Rate of Return) is a metric used in corporate finance to assess the relative value of projects. YTM (Yield to Maturity) is a metric used in bond analysis to determine the relative value of bond investments. Both are calculated the same way, by assuming that cash flows from the project/bond are consumed.


What is definition of goodness?

Goodness is the quality of being good. We consider something to be good if it is what we want it to be. So if we value honesty, for example (as I personally do) then a person's goodness includes honesty. Good people are honest. But then, if we are talking about the goodness of soup, we would refer to other properties, such as an enjoyable taste, and a high nutritional value. Good soup is tasty.


Is the definition of evaluate?

To assess something for worth or value.


What does RBRVS stands for?

Resource-Based Relative Value Scale


What is the relative value of a dog when compared to the relative chemical value of a man?

the dog is 96.887 the man is 113.98


What is another word for gauge?

evaluate, assess, value, calculate


What is value claiming and value creation in negotiations?

Value claiming is a situation where there can be only one clearly delineated winner of a negotiation. These types of situations are called zero-sum or distributive situations. Value creation is a situation where there can be multiple winners of a negotiation. These types of situations are non-zero sum, integrative, or mutual gains situations.


How can one assess the value of art canvas prints?

The best way to find the value of an art canvas print is to take it to your local auction house. They will be able to assess what it is worth for you, often for free.


What is the value of your Mossberg 500AB 12 gauge pump?

I'm sure it has sentimental value to you, but I cannot see it to assess its value.