Paola Guillen
Professor Krondl
November 21, 2018
    When thinking about the word Value a you think about something thatâs important or even how much something is worth.Value is the monetary worth of something : market price (Fatima).When we go to the store we look at the price of something and based on the value we either ask ourselves why is it so expensive or who comes up with these prices.
  In the Hospitality industry, the word value is important especially when owning a business. One example can be the responsibility of valuing your customers. This means treating them with respect, satisfying their needs, making them feel comfortable but most importantly providing good service so they can return again. When given a tip or advice from a customer value it and take their comments to better your business so you can achieve. Another way the word value can be seen is when buying something in a market place. According to the resource, supermarkets buy a brand name item and put a higher price so now itâs known as a âbetter valueâ. When buying an item the whole point of a âbetter valueâ is to make that item last for a long if itâs clothing and if itâs for food the item has to give the food an unforgettable taste. At the end of the day having something thatâs valuable or even value meaning price is all a key in the hospitality industry.