Table 12-5 Consider the Table Above Showing Three Stages of Production of \text

question 201

Multiple Choice

Table 12-5
$\begin{array}{|c|c|c|c|}\hline \text { Stage of Production } & \text { Seller } & \text { Buyer } & \text { Price } \\\hline 1 & \text { Steelmill } & \text { Auto manufacturer } & \$ 10,000 \\\hline 2 & \text { Auto manufacturer } & \text { Auto dealer } & 18,000 \\\hline 3 & \text { Auto dealer } & \text { Consumer } & 25,000 \\\hline\end{array}$ Consider the table above showing three stages of production of an automobile.
-Refer to Table 12-5.The value added by the automobile dealer equals

• A) $7,000.
• B) $15,000.
• C) $18,000.
• D) $25,000.

Comprehend the role clarification process and its impact on team dynamics and project processes.

Identify and understand the various matrices and tables used in project management, including their purposes.

Understand the mission of an organization and the components of a mission statement.

Learn about document control systems, their functions, and misconceptions.

---

Definitions:

Bar Charts

A graphical representation of data using bars of different lengths to compare values across categories.

Financial Planning

The process of creating strategies for managing financial resources effectively to meet life goals.

Retirement Annuity

A financial product that provides a stream of payments to an individual after retirement, funded through either periodic or lump sum contributions.

IRA

An Individual Retirement Account, a financial tool used in the United States to save for retirement with tax advantages.