The Activities and Processes That Increase the Worth of a Product

question 43

Multiple Choice

The activities and processes that increase the worth of a product or service are called:

• A)worth enhancement
• B)value creation
• C)product enrichment
• D)business expansion

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Definitions:

Non-Lawyer

An individual who does not have the legal qualifications or license to practice law.

Appealed

The process of seeking a higher court's review of a lower court's decision in hopes of overturning or modifying the decision.

ADR Contract Clause

A clause that specifies that the parties to the agreement have promised to use an alternative dispute resolution technique when a disagreement arises rather than litigating the issue.

Standard Provisions

These are common clauses or terms included in contracts or legal documents to provide clarity, set expectations, or establish ground rules.