This report examines the concept of customer-focused and perceived values, analyzing how customers evaluate products and make purchasing decisions. Hewlett Packard (HP) is used as a case study to illustrate relevant models. The report highlights HP's current value proposition, compares it to competitor Dell Technologies, and proposes a new value proposition model for HP to enhance market value, customer base, and revenue. The new model emphasizes both internal and external factors to achieve customer satisfaction and loyalty.