Differentiate between good offices and conciliation
What will be an ideal response?
Mediation involves the use of a third party who transmits and interprets the proposals of the principal parties and sometimes advances independent proposals. When mediators provide a channel of communications only, it is said that they are offering their good offices. When they make a formal investigation and present a formal proposal, they are involved in a conciliation.
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If the Swiss demand for dollars is elastic, then an appreciation of the dollar against the franc will lead to a greater quantity of francs being supplied to the foreign exchange market to obtain dollars.
a. True b. False
Name and describe at least four major barriers to organizational diversity.
What will be an ideal response?
Commodity IT assets easily acquired in the marketplace and should be outsourced under the core competency theory
Indicate whether the statement is true or false
Many companies have developed ________ programs that encourage employees to develop new product ideas
A) management B) incentive C) entrepreneurial D) intrapreneurial E) crowdsourcing