arvolisäystä
Arvolisäystä, a Finnish term, translates to "value-added" or "added value" in English. It refers to the increase in worth or utility that a product or service gains during the production or service process. This concept is central to economics and business, highlighting the transformation of raw materials or basic services into something more valuable for the consumer or end-user. For instance, a bakery adds value to flour, sugar, and eggs by baking them into bread or cakes. Similarly, a software company adds value to raw code by developing a user-friendly application.
The concept of arvolisäystä is crucial for understanding a company's profitability and its contribution to the