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Existential nihilism is the philosophical theory that life has no objective meaning or purpose. [1] The inherent meaninglessness of life is largely explored in the philosophical school of existentialism, where one can potentially create their own subjective "meaning" or "purpose".
Also called humanocentrism. The practice, conscious or otherwise, of regarding the existence and concerns of human beings as the central fact of the universe. This is similar, but not identical, to the practice of relating all that happens in the universe to the human experience. To clarify, the first position concludes that the fact of human existence is the point of universal existence; the ...
Moral nihilism, also called ethical nihilism, is the meta-ethical position that no morality or ethics exists whatsoever; therefore, no action is ever morally preferable to any other. Moral nihilism is distinct from both moral relativism and expressivism in that it does not acknowledge socially constructed values as personal or cultural moralities.
No value added (NVA) is a management term loosely related to the lean manufacturing movement as codified in the 1980s by a landmark MIT study [1] of the automobile industry, which explained lean production for the first time. No Value Added programs can be formal or whimsical.
Intrinsic value is in contrast to instrumental value (also known as extrinsic value), which is a property of anything that derives its value from a relation to another intrinsically valuable thing. [1] Intrinsic value is always something that an object has "in itself" or "for its own sake", and is an intrinsic property.
From an end-customer's point of view, value-added work is any activity that produces goods or provides a service for which a customer is willing to pay; muda is any constraint or impediment that causes waste to occur. [3] There are two types of muda: [4] Muda type I: non value-adding, but necessary for end-customers. These are usually harder to ...
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It is, therefore, absolute and can be codified as a strict set of proscriptions on behavior. Those who hold to their idealized value system and claim no exceptions (other than the default) are called absolutists. A realized value system contains exceptions to resolve contradictions between values in practical circumstances. This type is what ...