abhilashadesai123 abhilashadesai123
  • 20-07-2020
  • Geography
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THIS QUESTION IS RELATED TO THE CHAPTER RESOURCES. In my textbook they say that "Materials are converted into resources by value addition" wdym by "value addition"?

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grandmateeth
grandmateeth grandmateeth
  • 23-07-2020

Answer:

Value addition is the extra feature(s) a company adds to its products and services before offering them to customers and clients. Adding value to a company's products or services can help them to attract more potential clients, which in turn boosts revenue.

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