Value analysis is traditionally applied to tangible products and as such cannot be applied to services.

Name: Value analysis is traditionally applied to tangible products and as such cannot be applied to services.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While value analysis is traditionally applied to tangible products, it can also be applied to services by examining the specific inputs and outputs of the service and identifying opportunities for cost savings or value improvement. Thus, the statement is false.

Value Analysis Is Traditionally Applied to Tangible Products and as Such