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added value vs value added

Both 'added value' and 'value added' are correct phrases, but they are used in different contexts. 'Added value' is more commonly used in business and economics to refer to the increase in worth or desirability of a product or service as a result of a particular activity. On the other hand, 'value added' is often used in the context of accounting and finance to describe the difference between the cost of inputs and the price of outputs in a production process.

Last updated: May 29, 2024

added value

This phrase is correct and commonly used in business and economics to refer to the increase in worth or desirability of a product or service.

This phrase is used to describe the additional worth or benefit that a particular activity or process brings to a product or service.

Examples:

  • The company's focus on customer service has led to added value for its clients.
  • Innovation often leads to added value in products and services.

Alternatives:

  • value addition
  • increased value
  • enhanced value
  • value creation
  • value enhancement

value added

This phrase is correct and commonly used in accounting and finance to describe the difference between the cost of inputs and the price of outputs in a production process.

This phrase is used to describe the additional value created by a company in the production process, calculated as the difference between the value of inputs and the value of outputs.

Examples:

  • The value added by the company's manufacturing process is significant.
  • Value added is an important concept in measuring economic performance.

Alternatives:

  • added value
  • value creation
  • value enhancement
  • value increase
  • value generation

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