Discuss the costs of conflict in the workplace
What will be an ideal response?
Answer: Conflict can include differences in opinion, disagreements about how to handle issues, complaints about performance or fairness, criticism about the behavior of others, and personality conflicts between people who just do not get along. Conflict is one of the most significant and costly problems in a workplace. A study by CPP, Inc., a company that specializes in conflict management, found that U.S. companies spend more than 2.8 hours per week addressing workplace conflict, which adds up to approximately $359 billion in paid hours per year. When companies do not effectively address conflict and work-place incivility, the negative emotions result in wasted time, loss of productivity, poor work performance, and decreased work effort, which are also costly to an organization. They may also lead to people leaving their jobs. In fact, a study of exit interviews from people who voluntarily left jobs found that more than 50 percent of all resignations resulted from unresolved interpersonal conflict. For every employee who leaves, a business needs to hire and train a new employee, which costs at least 1.5 times that employee's salary.
You might also like to view...
The social contract view of ethics would prescribe which behaviors are appropriate in a particular negotiation context in terms of what people owe one another.
Answer the following statement true (T) or false (F)
________ are designations placed in the left-hand column of a table
A) Leaders B) Stubs C) Footnotes D) Headings E) Brackets
Which of the following allows the user to define a query with greater precision by using operators such as AND, OR or NOT?
A) Forms-based searches B) Hashtags C) Natural language searches D) Boolean searches E) Keyword searches
Orbit Services, Inc. pays $700,000 to acquire 30% (200,000 shares) of the voting stock of State Investments, Inc. on January 5, 2019. State Investments, Inc. declares and pays a cash dividend of $1.40 per share on June 14, 2019. Which of the following is the correct journal entry for the transaction on June 14, 2019?