Value-Added Activity

Business, Legal & Accounting Glossary

Definition: Value-Added Activity


Value-Added Activity


Full Definition of Value-Added Activity


A value-added activity is any action that improves the value of a product or service to a customer. A company’s profitability can be greatly increased by identifying which activities add value and which do not, and then eliminating the non-value-added activities. In most organisations, the proportion of value-added activities is much lower than the proportion of non-value-added activities.


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https://payrollheaven.com/define/value-added-activity/
Modern Language Association (MLA):
Value-Added Activity. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
June 27, 2022 https://payrollheaven.com/define/value-added-activity/.
Chicago Manual of Style (CMS):
Value-Added Activity. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/value-added-activity/ (accessed: June 27, 2022).
American Psychological Association (APA):
Value-Added Activity. PayrollHeaven.com. Retrieved June 27, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/value-added-activity/

Definition Sources


Definitions for Value-Added Activity are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th April, 2022 | 3 Views.