Of or relating to the estimated value that is added to a product or material at each stage of its manufacture or distribution: “Unlike the steel or aluminum industries, where heavier profits come from value-added fabrication, mining is the most lucrative stage of copper production” (Forbes)
Benefits received that are not included in the purchase price of the individual good or service
Those activities or steps that add to or change a product or service as it goes through a process; these are the activities or steps that customers view as important and necessary [GAO]
The act or process by which tangible product features or intangible service attributes are bundled, combined or packaged with other features and attributes to create a competitive advantage, reposition a product or increase sales
Trait introduced into an organism/plant that gives that organism added value, like the addition of a valued trait or the capability to produce a new, valued substance, like a pharmaceutical or a biomaterial
being or pertaining to something added to a product to increase its value or price; "software supplied by a value-added distributor"; "a value-added tax
This refers to the contribution a school makes to the education of its pupils If one or more pupils scores higher in National tests, GCSE or A Level than would have been predicted on the basis of their known earlier level of achievement, the difference is attributed to 'value-added' by the school The concept is usually linked with baseline assessment, since a baseline is required to establish the entry level from which the subsequent performance may be judged Another link is with the term 'Effective School', used to designate well-run schools which are measurably improving the prospects of their pupils, by adding value
Value-added is adding value to commodity or product - the ultimate judge of value-added is the consumer If they will pay more it in the new form it is value-added
Those activities or steps which add to or change a product or service as it goes through a process; these are the activities or steps that customers view as important and necessary
The additional estimated worth that an activity or achievement of a level of performance adds to a process or end result