Question

Businesses add value by transforming lower-value inputs (like paper and ink) into higher-value outputs (like textbooks). True or False?

A) True

Answer 1

True. Businesses add value by transforming lower-value inputs into higher-value outputs.

Step-by-step explanation:

True.

Businesses add value by transforming lower-value inputs, such as paper and ink, into higher-value outputs, like textbooks. This process of adding value is a fundamental aspect of business.