student asking question

What does "add value" mean?

teacher

Native speaker’s answer

Rebecca

"Add value" in business means to increase the amount of profit; an improvement that makes something worth more. Having a company with good management will help a business increase profit instead of having a high-paying CEO whose paycheck will make the company lose profit. Ex: This new feature will add value to our products. Ex: Hiring her will add value to our company. She has many years of experience. Ex: I want to be able to add value to the business I work for.

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