How Can a Firm Have a Negative Valued Added,as Supposedly

question 235

Essay

How can a firm have a negative valued added,as supposedly some state-owned businesses did in the former Soviet Union? What has to be true for value added to be negative?

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Definitions:

Gift-giving Rituals

Social practices and traditions involving the giving and receiving of gifts, which play an important role in building and maintaining relationships within various cultures.

Reformulation

The act of revising or restructuring information, ideas, or substances into a new format or composition.

Presentation

The way information or items are displayed or offered to others, which can significantly impact perception and effectiveness.

Personal Ritual

A sequence of activities involving gestures, words, actions, or objects, performed in a sequestered place, and performed according to set sequence, often for personal satisfaction or to achieve a specific outcome.