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3. Added-value B 3 / 1 BUSINESS ECONOMICS 5 / 6
Copyright Mark Van Couwenberghe,
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3.0 OVERVIEW B 3 / 2 3.1 WHAT IS ADDED-VALUE? page B 3 / 3
3.2 HOW TO CALCULATE ADDED-VALUE? page B 3 / 5 3.3 EXERCISES page B 3 / 6 3.4 VOCABULARY page B 3 / 7 Copyright Mark Van Couwenberghe,
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B 3 / 3 3.1 WHAT IS ADDED-VALUE? Copyright Mark Van Couwenberghe,
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B 3 / 4 Added-value is the difference between the final value of a product/service and the value of the goods needed to produce it Added-value enables the company to reimburse the production factors for their input in the production process: Nature: rent Labour: wages Capital: interest Entrepreneurship: profit Copyright Mark Van Couwenberghe,
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3.2 HOW TO CALCULATE ADDED- VALUE?
B 3 / 5 3.2 HOW TO CALCULATE ADDED VALUE? ADDED-VALUE = TURNOVER - RAW MATERIALS - SERVICES Copyright Mark Van Couwenberghe,
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3.3 EXERCISES B 3 / 6 1) Calculate the added-value of this company:
Copyright Mark Van Couwenberghe,
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B 3 / 6unus 2) Explain the difference between “added-value” and “profit”: 3) Explain the 4 production factors using the following examples: Super market Pharmaceutical company Which company will have a higher added-value and why? Copyright Mark Van Couwenberghe,
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B 3 / 7 3.4 VOCABULARY EN NL Copyright Mark Van Couwenberghe,
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