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An activity is value-added to the extent that its performance contributes to the completion of the product or service for consumers.

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13y ago
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1mo ago

A value-added activity is any activity that enhances a product or service in the eyes of a customer, either by increasing its quality, performance, or features, or by reducing costs or time. These activities directly contribute to the end product and are essential for maintaining a competitive advantage in the marketplace.

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Q: How would you describe a value-added activity?
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