Importance of value added product has been discussed here. Concept Introduction: Suppose there are two companies A and B in the market and holding the good reputation and produce trustworthy product for the customer. Customer buy both company product willingly. But after few days, A adds continuous effort and introduce good features product for the customer whereas B Company produce old specification product. The cost of both product produced by A and B Company are same. In this case, what will customer do? Definitely they will start buying product from the company A. Here, from the point of customer view the importance of value added product has discussed.

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Chapter 1, Problem 2P

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Interpretation:Importance of value added product has been discussed here.

Concept Introduction:Suppose there are two companies A and B in the market and holding the good reputation and produce trustworthy product for the customer. Customer buy both company product willingly. But after few days, A adds continuous effort and introduce good features product for the customer whereas B Company produce old specification product. The cost of both product produced by A and B Company are same. In this case, what will customer do? Definitely they will start buying product from the company A. Here, from the point of customer view the importance of value added product has discussed.

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