Definition of Value Addition

Описание к видео Definition of Value Addition

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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