value added definition

value added

Accounting: Alternative term for gross income.

Economics: Difference between the total sales revenue of an industry and the total cost of components, materials, and services purchased from other firms within a reporting period (usually one year). It is the industry's contribution to the gross domestic product (GDP) and is the basis on which value added tax (VAT) is computed. See also economic value added.

Marketing: Creation of a competitive advantage by bundling, combining, or packaging features and benefits that result in greater customer acceptance.

value added is in the Accounting & Auditing, Advertising, Marketing, & Sales and Economics, Politics, & Society subjects.

value added appears in the definitions of the following terms: financial performance, time value, infopreneur, gross income and liabilities of directors

value added appears in the other terms: value added network, customer value added ratio, value added internetwork, shareholder value added (SVA), value added work, customer value added (CVA), value added statement, value added analysis, gross value added (GVA), value added activity and

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