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Recognize and Investigate Value-Added Opportunities and Constraints

Sheila Knop and, Russell Tronstad (September, 2000)

Summary

To recognize and investigate value-added opportunities and constraints we must first define what we mean by 'value-added.' There are varying definitions, but most include addition of ´value´ to a product/good, process or service, with accompanying cost and price increases at various steps (often in different places, by different businesses) along the way.