lisaväärtusel

Lisaväärtusel is an Estonian term that translates to "added value" or "surplus value" in English. It generally refers to the concept of generating more worth from a product, service, or process than the initial input of resources. This concept is fundamental in economics and business, signifying profitability and growth.

In a business context, lisaväärtusel can be achieved through various means. It might involve improving the quality of a product, enhancing its features, or offering superior customer service. Innovation plays a crucial role, as new ideas and technologies can transform basic commodities into more desirable and valuable offerings. Efficiency improvements also contribute, by reducing production costs and thereby increasing the margin between cost and selling price.

The creation of lisaväärtusel is a primary goal for most enterprises. It is what allows businesses to reinvest, expand, and provide returns to stakeholders. For individuals, the concept can apply to skills and knowledge gained through education or training, which increase their earning potential. In essence, lisaväärtusel represents the economic gain that results from an activity, over and above the costs incurred. It is a measure of how effectively resources are transformed into something more valuable.