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Features of Formation of Product Manufacturing Processes with High Added Value in Kazakhstan

Author

Listed:
  • Almaz RYSBEKOV

    (Department of Economics Kh A Yasawi International Kazakh turkish University Turkestan Kazakhstan)

  • Serikbay YDYRYS

    (Department of Economics Kh A Yasawi International Kazakh turkish University Turkestan Kazakhstan)

  • Erzhan AMIRBEKULY

    (Department of Economics T Ryskulov Kazakh Economy University Almaty Kazakhstan)

  • Almas KURALBAYEV

    (Department of Management and Tourism Kh A Yasawi International Kazakh turkish University Turkestan Kazakhstan)

Abstract

Added value generated in commodity production and has a fixed characteristic as the newly created value It is equivalent to the difference between the value of produced goods and services used in the production process Economic nature of the value added is the increment addition of the value of produced goods and services In other words value added neither is adding value to the selling price of the goods as a subjective action and neither is the cost of goods and services used in the production of goods Valuation of marketable products allows taking into account the difference in the cost of production of goods and services and gross valuation products This difference should be in mind while taking into account and measured cost effectiveness in the production of goods and services

Suggested Citation

  • Almaz RYSBEKOV & Serikbay YDYRYS & Erzhan AMIRBEKULY & Almas KURALBAYEV, 2017. "Features of Formation of Product Manufacturing Processes with High Added Value in Kazakhstan," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 8(1), pages 192-203.
  • Handle: RePEc:srs:jarle0:v:8:y:2017:i:1:p:192-203
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