Definition, Meaning & Synonyms
incremental-value
noun
/ˌɪnkrementl ˈvæljuː/
Definition
The additional benefit or improvement gained from a step-by-step approach or gradual change rather than a significant overhaul.
Examples
- Implementing incremental value changes in the project led to more effective results.
- The company focused on incremental value strategies to enhance customer satisfaction.
- By making incremental value adjustments, they managed to optimize operations without extensive disruption.
Meaning
Incremental value refers to the small, stepwise improvements made over time that contribute to a larger overall positive impact.
Synonyms
- gradual benefit
- stepwise improvement
- small gain
- cumulative advantage
