Youtor
Definition of Value Addition
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=jhQvupgyN3Q
Through examples, explain what you have understood by value addition. • Definition: Value addition refers to value added to the goods and services through different means so as to create a new product that has greater value to customers. • Examples: • Bread made out of wheat • food fortified with additional nutrients • Fabric is made out of cotton • Plain houses turned into modern homes after interior decoration. • Incorporating video project capabilities in a mobile phone • Additional content on this topic can be found at http://www.eduxir.com/curriculum/cbse...
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