Perception of Product Value
From the researches mentioned above,it could be concluded that COM and COB had an effect on product value (Iyer & Kalita, 1997). The research of (Pharr ; 2005) stated that Country of Origin assessment,consisting of Country of Manufacture,Country of Assembly, Country of Parts, Country of Design, Country of Brand and Country Corporation Ownership had a direct effect on perceived value. This is consistent with the research of (Hui and Zhou ; 2002) which concluded that country of origin had a direct effect on perceived product value.
Perception of product value refers to a utilitarian value or a personal value. A utilitarian value is a term for what one perceives as worthy things and a personal value is a term for what one believes to be important in his or her life (Zeithaml ; 1988). The research of (Sweeney and Souter ; 2001) used 19 questions to measure perceived value. On the other hand ,(Dodds, Monroe and Grewal ; 1991) measured perceived value by using five questions consistins of product-value for money,price-Economy,product-good,price-acceptance and product bargain. These two researchs vary due to the inconsistent definitions of perception of product value.(Sweeney and Souter ; 2001) defined perception of product value in terms of its emotional,social,quality/performance and price-values for money,while (Dodds,Monroe and Grewal ; 1991) onli focused on two aspects,that is product quality and price.