Value-Added Activity

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Definition: Value-Added Activity

Value-Added Activity
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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.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
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.