1. Assessment Preparation Checklist:
Perform the following tasks to prepare for this assessment:  Read Chapter 3, in the textbook, Contemporary
Strategy Analysis, before attempting this assessment. Read the topic "Increasing Sales Revenue" from this week's online lesson.
Title: Understanding Value Added Services
During the lifetime of a company, it experiences P and L's (profits and losses) for a variety of reasons. Many companies provide value added products or services as enhancements to increase their sales revenues. Think of any one fictitious organization from the following sectors and then perform the given tasks:
1. Automotive
2. Healthcare
3. Manufacturing
4. Telecom
Task 1: Give a brief introduction of the company. Mention its name, industry type, kind of products or services it offers to its consumers, etc.
Task 2: Name three types of value added products or services that the company could include to increase its profitability.
Some examples may include:
1. A landlord's lease or rent incentive
2. A software company's add-on products
3. A retail store's buy two and get one free option
Task 3: Create a table that includes the performance of the company for the past one year using: 1. Net cost of item
2. Net income from item
3. Net cost of value added item
4. Total net profit Make sure to include product price, actual cost of giveaway (actual or presumed) item, and product or service, in a table that shows profitability measures. Submission Requirements: Submit a Microsoft Word document of the following specifications:   
Font: Arial, Size 12, double space Length: 4-5 pages Citation Style: APA
Increasing Sales Revenue:
Many companies use "value adds" to enhance their current products or services for a multitude of reasons in hopes of positively affecting their revenues and profitability. For example, companies manufacturing mobile phones nowadays offer several free accessories to their customers on purchase of a new phone.
You should know about value added services because you may use them in your future career when you work for a company or an organization that uses this method or strategy to enhance product offerings.
As a consumer, you must be aware of the benefits of value added services and recognize this as a benefit for purchasing specific items based on the product's accompaniment or opting for certain policies and schemes.