Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Enterprise growth Strategies

Question:
Which of the following is NOT an example of Value addition?
Options:
Turning cotton into fabric
Fortifying food with vitamins and minerals
Changing the colour theme on the wrapper of a chocolate.
None of the above.
Correct Answer:
Changing the colour theme on the wrapper of a chocolate.
Explanation:
Value addition: Businesses add value to goods and services by modifying them in a particular way to create a new product of greater value to customers