GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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09:18 Jul 12, 2018 |
French to English translations [PRO] Economics | |||||||
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| Selected response from: B D Finch France Local time: 10:03 | ||||||
Grading comment
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Discussion entries: 2 | |
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Value added Explanation: Dear Cecile For value added,think of the term as the value added during the manufacturing of a car for example. When manufacturing it, you start with the bodywork which may cost $1500, then you add the engine which may cost you $2000 and many other parts. So value added is all what you add during the assembly line to have a complete car. Meanwhile, added value is what you add to the car when it leaves the factory so that it is valued by customers. This value could be it's warranty period or the marketing of the car as it adds value to the selling price without having to add anything to the car. I hope you find this helpful. Example sentence(s):
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