Displaying items by tag: value
Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs, transactions, payments, savings, credit and insurance, delivered in a responsible and sustainable way.
In a competitive setup, by definition, many firms contend for a limited market share. In the financial sector, in particular, competition greatly affects consumers’ wealth and financial soundness of banks (Bikker and Bos, 2005). The competition also affects the quality and diversity of products and productive efficiency of financial institutions (Claessens and Laeven, 2005). In the globalized microfinance industry, where competition has become increasingly severe, especially among the MFIs in Tanzania and East Africa at large.
Competitive Value - Competitive Value is the company's competitive products and services, the "Total Value Proposition," that customers buy in order to solve their business problems and enhance their ability to succeed. Competitive Value is also encompassed in the company's ability to create and deliver the required value to its customers' success. It's not a company's "financial" value. It's the value the company offers for sale to its market, which, when purchased, results in financial value.
Competitive Value Index
A measure that represents a company's ability to understand customer business objectives (needs and wants) and their ability to create and deliver the products and services that customers buy to successfully solve their business problems. It represents the "amount" of competitive value, in the form of assets, a company has and also indicates how much more value it can (or needs) to develop.
- competitive value