adding value

Question 1

What is adding value ?

Answer 1

extra value a business creates through its production, distribution or marketing process

Question 2

production

Answer 2

improve product design, features or quality

Question 3

distribution

Answer 3

offer product in a more convenient location/time/situation

Question 4

marketing

Answer 4

create brand image

Question 5

pros

Answer 5

• product stands out

- larger profit per unit