Talk:Added value

Latest comment: 17 years ago by Mattymatt in topic Layman's Terms

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????

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)Reply