At corporations where money is the bottom line, an activity is considered valuable if it benefits a corporation directly and if its revenues exceed its expenditures. But although money can partially determine an activity's value, it is not the only factor.
Value is difficult to measure because an activity's value is in the eye of the beholder.
What one person thinks of as a gem could be a piece of trash to someone else. Still, when people make decisions, they must determine and evaluate the value of possible outcomes. Measuring value is a necessary part of our daily lives. This winter the Board of Governors will ultimately decide the fate of every program at Drake. Committees of faculty, staff and students sent the first set of formal recommendations to Maxwell on Oct. 2.