activity, value added

activity, value added
activity, value added - Any USPS activity that contributes directly to the performance of a mission, and could not be eliminated without impairing the mission.

Glossary of postal terms. 2014.

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  • activity, non-value added — Any activity that provides a negative return on the investment or allocation of resources to that activity. Within broad limits, the enterprise benefits by allocating less resources to non value added activities …   Glossary of postal terms

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  • Value product — The value product (VP) is an economic concept formulated by Karl Marx in his critique of political economy during the 1860s, and used in Marxian social accounting theory for capitalist economies. Its annual monetary value is approximately equal… …   Wikipedia

  • Value chain — The value chain, also known as value chain analysis, is a concept from business management that was first described and popularized by Michael Porter in his 1985 best seller, Competitive Advantage: Creating and Sustaining Superior Performance .A… …   Wikipedia

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