Question

explain the concept of value addition​

Answer 1

Answer:

Value-added is the extra features 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. Value-added is the difference between a product's price and the cost of producing it.

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Answer 2

Answer:

Value-added is the extra features 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. Value-added is the difference between a product's price and the cost of producing it.

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