two example of value added
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- a broad selection of sizes is an example of the “value-added element
- offering a year of free tech support on a new computer would be a value-added feature.
- Individuals can also add value to services they perform, such as bringing advanced skills into the workforce.
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The term "value-added" describes the economic enhancement a company gives its products or services before offering them to customers. Value-added helps explain why companies are able to sell their goods or services for more than they cost to produce. Adding value to products and services is very important as it provides consumers with an incentive to make purchases, thus increasing a company's revenue and bottom
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