What is value addition

What is value addition

In r, an array is created with the help of the array () function.Perceived value added factors into the price of a product.A broad definition of value added is to economically add value to a product by changing its current place, time and from one set of characteristics to other characteristics that are more preferred in the marketplace.Value addition refers to creation of a competitive advantage by, combining, packaging features and benefits or through any other method that results in greater customer acceptance.Hence, it is nothing but the enhancement of the value after each stage of the process.

Value added is the extra value created over and above the original value of something.Those activities which increase the final worth or add value to the a product or services from the customer's perspective.'value addition' is a relative proposition assuming magnanimous importance in today's dynamic world.[adjective] of, relating to, or being a product whose value has been increased especially by special manufacturing, marketing, or processing.In addition to adding more space to your home, these new builds add to the resale value of your home.

To put it in absolutely simple terms, value addition is the perceived benefit;What is value added agriculture?

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