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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 • 4822 views

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.
  • Mar 26, 2018 ... The added value of knowledge combined with my background in Structural Engineering and experience helped shape my career path in a great way.
  • Adding value explains why businesses are able to sell their goods or services for more than they cost to produce. In marketing, the added value is a succinct ...
  • Feb 27, 2018 ... // ./src/events/__generated__/my_generated.graphql.js ... export type EVENT_TYPES = ('activity' | 'formation' | '%future added value'); export ...
  • Nov 23, 2020 ... 06 EDITORIAL. ECA JOURNAL LONG READ. 08 EU added value - a categorical imperative for. EU action? By Daniel Tibor, Directorate of the Presidency.
  • Feb 28, 2008 ... Abstract. Book reading has been demonstrated to promote vocabulary. The current study was conducted to examine the added value of an interactive ...

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.
  • Outside of economics, value added refers to "extra" feature(s) of an item of interest (product, service, person etc.) that go beyond the standard expectations and ...
  • Value added is the enhancement a company gives its product or service before offering the product to customers. Value added is used to describe instances ...
  • It is the industry's contribution to the gross domestic product (GDP) and is the basis on which value added tax (VAT) is computed. See also economic value ...
  • of, relating to, or being a product whose value has been increased especially by special manufacturing, marketing, or processing <value–added goods>.

Alternatives:

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

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