Question

Differtiate between high volume and high value growth

Answer 1

High Volume growth is like the mass production of goods that have been fabricated and manufactured in a shorter period of time. Most of these products that are produced on high volume are alike and do not have a lot of variation in them. Examples - parts generated in an automobile company. The manufacturer will produce thousands of same part without any variation within a short time period. They focus more on making monetary profits.

High Value manufacturers focus on creating more value to their company in different ways.They usually tend to have a unique production process for different products, focus more on high brand recognition, provide quick delivery times, and provide highly customized services.They give importance to value than profit.

Answer 2

Explanation:

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They focus more on making monetary profits. High Value manufacturers focus on creating more value to their company in different ways. They usually tend to have a unique production process for different products, focus more on high brand recognition, provide quick delivery times, and provide highly customized services.