Question

what do organizations need for their survival? explain the aspect of value addition in your own words. with a reference to an example

Answer 1

Answer:

They need funds

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Answer 2

Answer:

What Is Value-Added?

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 line.

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