explain value addition
Answers
Answered by
0
Value adition is value adition
Answered by
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.
Similar questions