What is the term for the increase in worth of a product due to a specific activity?

The term that refers to the increase in worth of a product due to a specific activity is "Added Value." This concept is essential in business as it highlights how companies can enhance the quality or utility of a product through various activities such as manufacturing, marketing, or providing exceptional customer service. For example, when raw materials are transformed into a finished product, the processes involved, such as design, production, and branding, contribute to increasing the overall value of that product in the eyes of consumers.

In contrast, market value pertains to how much a product can sell for in the marketplace and does not specifically connect to the enhancement through activities. Net profit represents the actual financial gain of a business after all expenses are deducted, and while it indicates profitability, it does not reflect the intrinsic worth of a product. Gross revenue simply denotes the total income generated from sales before any expenses are accounted for and does not indicate an increase in product value related to specific activities.