Talk:Added value
Add topicLatest comment: 19 years ago by Mattymatt in topic Layman's Terms
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Added value and value added
[edit]What's the effective difference between these two when one considers translating from Spanish "valor agregado" which seems to lack such difference between the couple????
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[edit]A system consists of Input Process Output. Input is transformed into output whereas ouput > input. Process creates value, otherwise output =< input. Value is added in the process so as to make output > input. Where value is not added in the process, output < input and the system is not a productive system.
Layman's Terms
[edit]The commonly used term for added value is "profit," isn't it? I know that might not be a totally accurate word here, but it might be worth a mention in the article since that's what most people would understand AV to be. Mattymatt 18:24, 15 March 2007 (UTC)