Value added components are:
A)Sales promotion giveaways.
B)Things such as service which enhance the product.
C)Parts or equipment that are added to the product.
D)Usually include only insurance and delivery.
E)None of these are value added components.

Question

Quizplus · Accepted Answer

Value added components refer to additional components or services that enhance the value of the product. Sales promotion giveaways (A) are not value added components as they are not an inherent part of the product or service. Parts or equipment added to the product (C) may be value added components, but not all parts or equipment added necessarily enhance the value of the product. Insurance and delivery (D) are important aspects of the product or service, but they are not value added components as they do not enhance the value of the product. Therefore, the best choice is B, which correctly identifies service as a value added component.

Value Added Components Are