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Which of the following is an example of value addition?
- a)Using wood to build furniture
- b)Teaching kids to read
- c)Volunteering at a local shelter
- d)Cleaning public parks
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which of the following is an example of value addition?a)Using wood to...
Using wood to build furniture is an example of value addition because it involves transforming raw materials (wood) into a finished product (furniture) with higher economic value through skilled labor and craftsmanship.
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Which of the following is an example of value addition?a)Using wood to...
Understanding Value Addition
Value addition refers to the process of enhancing the worth of a product or service by improving its quality or increasing its desirability. Among the given options, using wood to build furniture is the best example of value addition.
Why Option A is Correct
- Transformation of Raw Material
Using wood to build furniture involves transforming a basic raw material (wood) into a finished product (furniture). This process adds significant value because it turns something that is relatively simple into a functional and desirable item.
- Increased Utility
Furniture serves various purposes, such as providing comfort and aesthetic appeal to living spaces. By converting wood into furniture, the utility of the wood is greatly enhanced, making it more valuable to consumers.
- Economic Benefits
The furniture market can yield higher profits compared to raw lumber. Therefore, this value addition not only benefits the consumer but also supports economic growth through job creation in manufacturing and retail.
Why Other Options are Not Value Addition
- Teaching Kids to Read (Option B)
While this is a valuable service, it does not involve transforming a product into something more useful or desirable.
- Volunteering at a Local Shelter (Option C)
This is a commendable act of service but does not involve any product transformation.
- Cleaning Public Parks (Option D)
This contributes to community welfare but does not add value to a specific product.
In conclusion, option A exemplifies value addition by transforming a raw material into a functional and valuable product.
Value addition refers to the process of enhancing the worth of a product or service by improving its quality or increasing its desirability. Among the given options, using wood to build furniture is the best example of value addition.
Why Option A is Correct
- Transformation of Raw Material
Using wood to build furniture involves transforming a basic raw material (wood) into a finished product (furniture). This process adds significant value because it turns something that is relatively simple into a functional and desirable item.
- Increased Utility
Furniture serves various purposes, such as providing comfort and aesthetic appeal to living spaces. By converting wood into furniture, the utility of the wood is greatly enhanced, making it more valuable to consumers.
- Economic Benefits
The furniture market can yield higher profits compared to raw lumber. Therefore, this value addition not only benefits the consumer but also supports economic growth through job creation in manufacturing and retail.
Why Other Options are Not Value Addition
- Teaching Kids to Read (Option B)
While this is a valuable service, it does not involve transforming a product into something more useful or desirable.
- Volunteering at a Local Shelter (Option C)
This is a commendable act of service but does not involve any product transformation.
- Cleaning Public Parks (Option D)
This contributes to community welfare but does not add value to a specific product.
In conclusion, option A exemplifies value addition by transforming a raw material into a functional and valuable product.
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Which of the following is an example of value addition?a)Using wood to build furnitureb)Teaching kids to readc)Volunteering at a local shelterd)Cleaning public parksCorrect answer is option 'A'. Can you explain this answer? for Class 6 2025 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about Which of the following is an example of value addition?a)Using wood to build furnitureb)Teaching kids to readc)Volunteering at a local shelterd)Cleaning public parksCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 6 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is an example of value addition?a)Using wood to build furnitureb)Teaching kids to readc)Volunteering at a local shelterd)Cleaning public parksCorrect answer is option 'A'. Can you explain this answer?.
Which of the following is an example of value addition?a)Using wood to build furnitureb)Teaching kids to readc)Volunteering at a local shelterd)Cleaning public parksCorrect answer is option 'A'. Can you explain this answer? for Class 6 2025 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about Which of the following is an example of value addition?a)Using wood to build furnitureb)Teaching kids to readc)Volunteering at a local shelterd)Cleaning public parksCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 6 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is an example of value addition?a)Using wood to build furnitureb)Teaching kids to readc)Volunteering at a local shelterd)Cleaning public parksCorrect answer is option 'A'. Can you explain this answer?.
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