Social Sciences, asked by beenasahu780, 3 days ago

explain value addition ​

Answers

Answered by avighnaguha
0
Value adition is value adition
Answered by sarahssynergy
0

Improving the utility of any good or service is known as value addition.

Explanation:

  • Value addition refers to the concept of improving the utility of a product by changing its form.
  • It generally includes passing the product/ service from various levels due to which the quality of the product/ service improves.
  • Value addition is the process by which raw material reaches the stage of consumption and can be used by consumers. It also means utility creation.

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