Adding value
What Adding value means in Business GCSE, as defined for OCR, Pearson Edexcel.
Definitions of Adding value
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Reference: Pearson Edexcel
A key role of enterprise achieved through convenience, branding, quality, design, or unique selling points.
The process of increasing the worth of resources by modifying them, creating a difference between the cost of inputs and the selling price.
Topics that use Adding value
- Business activity (OCR GCSE)
- The role of business enterprise (Pearson Edexcel GCSE)
Related terms
Using Adding value in the exam
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