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Value addition in broader perspective have many implications, but mostly of positive implications only.
1) Value addition is indirectly will boost the sales of the product
2) Profits are not huge on individual product but mass sales provides the term for huge profits
3) Value addition is also avoiding non-value added activities, thereby savings in indirect cost
4) More importantly value addition is by systematic followup, hence good work environment
The economic impact analysis as applied to analyze the impact of projects or actions that affect economic development, [6] and shall also apply in GPS corporate projects. [7] Examples include real estate development, and the opening of business and closed, and projects positioning, and establishments of tourism, arts and recreation , artistic activities, individual industries and agricultural activities. The most common tools used in these studies analyze the types of inputs and outputs, such as IMPLAN, and [8] RIMS-II, and [9] Economic Modeling Specialists, Inc. (EMSI) (Economique Modleynj company Sbaishelisits) [10] and REMI. [11] consultants used GPS [12] The economic impact of the promotion of community support for the project analysis, and to negotiate in order to get the tax incentives in some cases.
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