Yes, some activities have intrinsic value separate from the experience they generate. These activities can be valuable for promoting well-being, personal growth, skill development, or contributing to a meaningful existence, regardless of the immediate experiences they offer.
non value adding activities can not be eliminated. Waste are non-value adding activities that should be eliminated.
The value chain analysis
i value it as my everyday activity
Surplus value is the difference between the value that workers produce and what they are paid in wages.
activities such as, receiving, forming, assembling, testing, painting,and packing and shipping, do all sonsidered value-added activities
Answer it honestly. Think of activities you are involved in that demonstrate skills that the interviewer may value. For example: Sports Teams - Team player skills Groups or Committees - Planning and organizing skills Learning an Instrument - Eagerness to learn Learning a language - Multilingual skills Volunteering - Social responsibility
consumption of fixed capital
BASED ON YOUR WORK EXPERIENCE AND QUALIFICATIONS, HOW CAN YOU ADD VALUE TO THE JOB SECTOR
The term 'Value Chain' was used by Michael Porter in his book "Competitive Advantage: Creating and Sustaining superior Performance" (1985). The value chain analysis describes the activities the organization performs and links them to the organizations competitive position. Value chain analysis describes the activities within and around an organization, and relates them to an analysis of the competitive strength of the organization. Therefore, it evaluates which value each particular activity adds to the organizations products or services. This idea was built upon the insight that an organization is more than a random compilation of machinery, equipment, people and money. Only if these things are arranged into systems and systematic activates it will become possible to produce something for which customers are willing to pay a price. Porter argues that the ability to perform particular activities and to manage the linkages between these activities is a source of competitive advantage. Porter distinguishes between primary activities and support activities. Primary activities are directly concerned with the creation or delivery of a product or service. They can be grouped into five main areas: inbound logistics, operations, outbound logistics, marketing and sales, and service. Each of these primary activities is linked to support activities which help to improve their effectiveness or efficiency. There are four main areas of support activities: procurement, technology development (including R&D), human resource management, and infrastructure (systems for planning, finance, quality, information management etc.).
we learn a lot
its the activities that we enjoys to learn the mannerof our live period
I have no clue I am not a fan of cooking sorry.