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Value-Added Is the Term Used to Describe the Difference Between

question 41

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Value-added is the term used to describe the difference between the cost of inputs and the value of price of outputs.


Definitions:

Observation

The action or process of closely monitoring or noting something or someone in order to gain information.

Johari Window

A model used to understand and improve self-awareness, interpersonal relationships, and mutual understanding within groups.

Disclosure

The act of revealing personal information to others, which can influence social dynamics and trust building.

Open Area

A space within an organization that is accessible and free from barriers, fostering communication and collaboration.

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