Saved Bookmarks
| 1. |
Define Value addition |
|
Answer» Answer: the amount by which the value of an ARTICLE is increased at each stage of its production, exclusive of initial costs. Explanation: Value-added is the additional features or economic value that a company ADDS to its products and services before offering them to customers. Adding value to a product or SERVICE helps COMPANIES attract more customers, which can boost REVENUE and profits. |
|