Use the Following to Answer Questions

question 77

Multiple Choice

Use the following to answer questions .
Exhibit: Stages in the Production of an Office Building

-(Exhibit: Stages in the Production of an Office Building) A mining firm extracts iron from the earth. A steel mill converts the iron to steel beams for use in construction. A construction company uses the steel beams to make a building. Assume that the total product of these firms represents the only components of the building and that they will have no other uses. What is the value added by Fuller Mill?

• A) $325,000
• B) $225,000
• C) $125,000
• D) $100,000

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Definitions:

Constructive Feedback

Positive or negative information about actions or behaviors which is presented in a way that encourages improvement or development.

Active Listener

An individual who fully concentrates, understands, responds, and then remembers what is being said in a conversation.

Non-Verbal Cues

Forms of communication that do not use words but convey messages through body language, facial expressions, gestures, posture, and tone of voice.

Constructive Feedback

Feedback provided in a manner intended to help and encourage the recipient to improve or advance in certain areas.