Added value

Created by

Mitchell Nweze

Cards (4)

Added value consists of the additional revenue generated by a business minus the costs of producing that product
Added value = Total revenue - total costs
A benefit of added value is that the business is able to charge premium price and as a result earning greater revenue and profits
A business can save advertising costs and other promotional activities once it has created a perception of high quality, thus adding value

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Added value

Cards (4)

3.2.10.1 The Debate on Value Freedom

2.2.2 The Value of Human Life

5.1 Using the Mean Value Theorem

2.1.1 Modern and Traditional Values

1.4 Estimating Limit Values from Tables

1.3 Estimating Limit Values from Graphs

7.5 Interpreting p-Values

3.2.10 Objectivity, Subjectivity, and Value Freedom in Sociology

5.2 Extreme Value Theorem, Global Versus Local Extrema

1.2 Family Values and Traditions

6.5 Interpreting p-Values

1.4 Estimating Limit Values from Tables

1.3 Estimating Limit Values from Graphs

5.1 Using the Mean Value Theorem

1.1.1 Modern and Traditional Values

9.5 Integrating Vector-Valued Functions

4.6 Approximating Values of a Function Using Local Linearity

9.6 Analyzing Motion of Vector-Valued Functions

1.5 Best Buys and Value for Money

4.6 Approximating Values of a Function Using Local Linearity

9.4 Defining and Differentiating Vector-Valued Functions