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What is value addition? - Entrepreneurship

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What is value addition?

What is value added?

Very Short Answer
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Solution

Value addition refers to the creation of a competitive advantage by combining or packaging features and benefits or through any other method that results in greater customer acceptance.

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Concept of Value Addition
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Chapter 20: Methods of Measuring National Income - TEST YOURSELF QUESTIONS [Page 408]

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Frank Economics [English] Class 12 ISC
Chapter 20 Methods of Measuring National Income
TEST YOURSELF QUESTIONS | Q 5. (i) | Page 408
CBSE Entrepreneurship [English] Class 12
Chapter 4 Enterprise Growth Strategies
Short answer (exceed 50 words) | Q 6. (i) | Page 172
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