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Suppose that an appraiser has just completed her analysis using the cost approach to valuation. She has determined that the reproduction cost of the subject property is $370,000. If the added value of the site was $80,000 and accrued depreciation amounted to $50,000, what was the estimated value of the building using the cost approach?
Dysfunctional Resistance
Counterproductive opposition to change or new ideas, which can harm an organization or group's progress.
Personal Power
Personal power is the influence or authority an individual has over others, derived from personal attributes or skills, rather than from formal positions.
Expert Power
The ability to control another’s behavior because of the possession of knowledge, experience, or judgment that the other person does not have but needs.
Knowledge
The information, understanding, and skills that individuals acquire through experience or education.
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