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.

Business

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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

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Name and describe at least four major barriers to organizational diversity.

What will be an ideal response?

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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

Business

Many companies have developed ________ programs that encourage employees to develop new product ideas

A) management B) incentive C) entrepreneurial D) intrapreneurial E) crowdsourcing

Business