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  • The Added Value Process in Business

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    zckid5136
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    Added value is the difference between what a business pays its suppliers and the price it charges for a product. It is important for businesses because the more value they can add, the higher the added value, and the more chance the business has of success, survival, and long term growth. Businesses can add value through better design, greater speed of service, unique selling points, more convenience, and branding.

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    the added value process in business

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    Added value is the difference between what a business pays its suppliers and the price it charges for a product. It is important for businesses because the more value they can add, the higher the added value, and the more chance the business has of success, survival, and long term growth. Businesses can add value through better design, greater speed of service, unique selling points, more convenience, and branding.

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    © All Rights Reserved
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    13 views1 page

    The Added Value Process in Business

    Uploaded by

    zckid5136
    Added value is the difference between what a business pays its suppliers and the price it charges for a product. It is important for businesses because the more value they can add, the higher the added value, and the more chance the business has of success, survival, and long term growth. Businesses can add value through better design, greater speed of service, unique selling points, more convenience, and branding.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    improved

    the increased quality


    worth that
    a business
    creates for
    a product. better design

    greater speed
    what is of service
    added value unique
    it is the selling point
    difference
    betweeen what
    a business
    added value
    ways to
    pays its
    suppliers and
    add value
    the price that
    it is able to
    charge for
    the product more branding
    convinience

    the importance
    of added value
    the added
    value of a
    product goes
    towards the more value
    paying off the a business
    company's can add to
    cost the higher the its product
    added value the more
    the sooner the chance the
    costs can be business has
    paid off and of success,
    the quicker a survival
    business will and long
    make a profit term growth

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