The customers will get very quality product.
The business can sell products for a higher price.
It will help the business to overcome the competitors.
A component of value added of a firm is the difference between the sales revenue generated from its products or services and the cost of the inputs used in production. This includes wages paid to employees, profits retained by the firm, and any taxes paid. Essentially, value added reflects the firm's contribution to the economy by transforming raw materials into finished goods, enhancing their worth through labor and innovation.
to establish a brand name for example nike shoes have a high added value. if the demand for the product of a firm suddenly soars due to some influencial events (example:the demand for the design of shades worn by psy suddenly soared after his mv gangnam style became famous) the firm can add higher added value and benefit when this kind of senario is witnessed to benefit as much as possible before the heat turns off. higher added value gives a sense of luxury goods and people buy it either to show off or because they like the product but either way the sales go up. if a firm has higher added value it can pay all the expenses such as wages, rent etc and still earn more profit(if it can add value without increasing cost.) and is successful in profit satisfying. if a business can add value that is much greater than the cost of production the business is said to be successful.
Managerial actions that can influence the value of the firm include preserving the reputation of the firm by being ethical and responsible. Also, they need to invest in providing quality services and products that will keep the firm competitive.
whay tha
the value of a firm determines their wealth.if the value of a firm,which is the market price per share of the total number of shares issued,is increased,invariably the shareholders' return is increased..by John I Agwu
A component of value added of a firm is the difference between the sales revenue generated from its products or services and the cost of the inputs used in production. This includes wages paid to employees, profits retained by the firm, and any taxes paid. Essentially, value added reflects the firm's contribution to the economy by transforming raw materials into finished goods, enhancing their worth through labor and innovation.
to establish a brand name for example nike shoes have a high added value. if the demand for the product of a firm suddenly soars due to some influencial events (example:the demand for the design of shades worn by psy suddenly soared after his mv gangnam style became famous) the firm can add higher added value and benefit when this kind of senario is witnessed to benefit as much as possible before the heat turns off. higher added value gives a sense of luxury goods and people buy it either to show off or because they like the product but either way the sales go up. if a firm has higher added value it can pay all the expenses such as wages, rent etc and still earn more profit(if it can add value without increasing cost.) and is successful in profit satisfying. if a business can add value that is much greater than the cost of production the business is said to be successful.
to establish a brand name for example nike shoes have a high added value. if the demand for the product of a firm suddenly soars due to some influencial events (example:the demand for the design of shades worn by psy suddenly soared after his mv Gangnam Style became famous) the firm can add higher added value and benefit when this kind of senario is witnessed to benefit as much as possible before the heat turns off. higher added value gives a sense of luxury goods and people buy it either to show off or because they like the product but either way the sales go up. if a firm has higher added value it can pay all the expenses such as wages, rent etc and still earn more profit(if it can add value without increasing cost.) and is successful in profit satisfying. if a business can add value that is much greater than the cost of production the business is said to be successful.
i cant find what i ans i should be given.......
Managerial actions that can influence the value of the firm include preserving the reputation of the firm by being ethical and responsible. Also, they need to invest in providing quality services and products that will keep the firm competitive.
The marginal benefit will be the value added by that one hour of work. Say the worker is an economist and produces $50 worth of service work in that hour for the firm. The marginal benefit would be $50. If the worker is in production and spins $10 worth of thread into fabric the firm can sell for $100, then the value added (and the marginal benefit) is $90.
whay tha
The 'value of a firm' is connected with profit maximization. It is the present value of the firm's current profit and the future profit. It determines the value accurately.
The 'value of a firm' is connected with profit maximization. It is the present value of the firm's current profit and the future profit. It determines the value accurately.
it is FSA
value-added-network(VAN)
value-added-network(VAN)