Which of the following is an example of value addition?
Answer & explanation
Correct answer: option 3
Option 3 is adding value to the customers while this is not the case in Option 1 and 2.
Business add values to goods and services by modifying them in a particular way to create a new product of greater value to customers.
Business add values to goods and services by modifying them in a particular way to create a new product of greater value to customers.