According to the phenomenological approach, value is not an objective property of things that exists independently of human experience. Rather, value is a subjective experience that arises when a person encounters something that is meaningful to them.

Intentionality is the directedness of consciousness toward an object. In the case of value judgments, intentionality is necessary because it allows us to single out an object and consider its value. Without intentionality, we would not be able to make value judgments.

According to the phenomenological approach, value is a subjective experience that arises when a person encounters something that is meaningful to them. This means that meaning is a necessary condition for value. Without meaning, there can be no value.

The phenomenological approach to value is characterized by its emphasis on subjectivity, intentionality, and contextuality. Objectivity, on the other hand, is not a characteristic of this approach.

The phenomenological approach to value has a number of significant implications. It provides a new foundation for ethics by grounding moral values in human experience. It challenges traditional notions of value by showing that value is not an objective property of things. And it offers a deeper understanding of the human experience of value by exploring the role of intentionality and meaning in value judgments.