DSSSB · General Awareness
Which of the following options best defines the term 'value added'?
- The total revenue generated by a firm through its production and purchase process
- The profit earned by a firm through the process of marketing after tax deductions
- The total expenses incurred by a firm through its production and purchase process
- The net contribution made by a firm to the economy through its production process
Which of the following options best defines the term 'value added'?
- The total revenue generated by a firm through its production and purchase process
- The profit earned by a firm through the process of marketing after tax deductions
- The total expenses incurred by a firm through its production and purchase process
- The net contribution made by a firm to the economy through its production process
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