What is arbitration, how does it work, when is it used and what are the two different types?
What will be an ideal response?
Arbitration is a formalized system for dealing with grievances and administering corrective justice to parties in a bargaining situation. If two or more parties disagree on the nature of contractual terms and conditions, a third party, usually a court-appointed arbitrator, facilitates the settlement of the disputed terms. If all parties agree to the use of arbitration, it can serve as a binding settlement to all outstanding claims or disputes arising from a contract that was not adequately completed. Parties may adopt non-binding arbitration, in which case the judge can offer suggestions or avenues for settlement but cannot enforce these opinions.
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When purchasing disposable surgical gowns, Mercy Hospital's vice president of purchasing analyzes whether the hospital should buy disposable gowns or reusable gowns
If the findings favor disposable gowns, then the operating-room administrator compares various competitors' products and prices and makes a choice. Surgeons influence the decision retroactively by reporting their satisfaction with the particular brand. In this situation, the operating-room administrator performs the role of the ________. A) gatekeeper B) initiator C) user D) decider E) influencer
Answer the following statements true (T) or false (F)
1. When personality traits are inherited, then one would say that nurture played a part. 2. The MBTI profile is made of four pairs of psychological preferences because we tend to lean toward one or the other when determining our preferences. 3. ISTJ people tend to be thorough, practical, determined, and calm in a crisis. However, they can be impatient and sometimes make impulsive decisions. 4. The Big Five model labels people as categories rather than presents them as scoring from low to high in an area. 5. The HEXACO model of personality is like the Big Five model but adds a sixth dimension labeled Honesty-Humility.
The owner of a radio station in a rapidly growing community in central Texas is about to begin operations and must decide what type of program format to offer. She is considering three formats; rock, country, and rap. The number of listeners for a particular format will depend on the type of potential audience that is available. Income from advertising depends on the number of listeners the station has. Three broad categories of audience type can be described as A1, A2, and A3. The rock music format draws mainly for the A1 listener, the country music format draws mainly from the A2 listener and the rap music format draws mainly from the A3 listener. The station owner does not know which type of audience will dominate the community once its growth has stabilized. Probabilities have been
assigned to the potential dominant audience, based on the community growth that has already occurred in this area. Because she wants to begin building an image now, the decision as to which format to adopt must be made in an environment of uncertainty. The station owner has been able to construct the following payoff table, in which the entries are average monthly revenue in thousands of dollars. Audience FormatA1 A2 A3 Rock$ 110 $ 80 $ 70 Country$ 90 $ 120 $ 50 Rap$ 70 $ 60 $ 140 Probability0.3 0.5 0.2 What format is optimal? What is the expected profit in that case? What will be an ideal response?
In operant conditioning, ______ provides a reward in return for a constructive action on the part of the subject.
A. onboarding B. positive reinforcement C. employee development D. remediation