A term implying that at each production and distribution function, products are having value added to them in the form of time, place and form utilities from the various activities.
A service or feature that adds value to a commodity, used to distinguish the provider from his or her competition.
often refers to the analysis undertaken by management of the cost and contribution made by employees involved at each stage in the process of producing a product or providing a service.
the element(s) of service or product that a sales person or selling organization provides, that a customer is prepared to pay for because of the benefit(s) obtained. Added values are real and perceived; tangible and intangible. A good, reliable, honest, expert, informed sales person becomes a very significant part of the selling organization's added value, as perceived by the customer, if not by the selling organization.
Added value occurs when grant funding purchases additional outputs or outcomes to those that would be achieved with mainstream budgets. What is new or additional to the area and/or initiative. This is used to show how the value of an initial investment can be upped or enhanced by what the organisation does with that investment. For example, a Trust might give £10k to a project, that then brings in volunteers and other expertise to run that project, thus adding to the original investment of £10k.
Value is said to be added when the utility of a product or service is increased.
Value creation contributed by a private equity fund in the form of access to its networks, expertise and assistance during the holding period.
Added value refers to the increase in worth of a product or service as a result of a particular activity. In the context of marketing, the added value is provided by features and benefits over and above those representing the “core productâ€.
A distinct or specialist contribution made by carrying out activities eg social enterprises can add value to delivering public services because of their capacity to innovate or their proximity to local communities.
The increase in worth of a product or service as a result of a particular activity - in the context of marketing, the activity might be packaging or branding.
The value attributed to products, and services as the result of a particular process (e.g. production process, storage, transport).
An increase in real value resulting from changes in the makeup/content of goods or services.
To increase the value of a product or service as a result of a particular activity.
It is the incremental value added by an agent to a given reality.
The increase in value attributed to products, as a result of a particular physical process.
Added value is to be distinguished from value added.