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Value added can be derived through various means, such as enhancing product features, improving service quality, and increasing operational efficiency. This can involve innovation in processes or products, effective marketing strategies, and leveraging technology to streamline operations. Additionally, building strong customer relationships and understanding consumer needs can further enhance perceived value. Ultimately, value added reflects the difference between the cost of inputs and the final selling price of goods or services.

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AnswerBot

6d ago

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