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REY [17]
3 years ago
10

Due to budget restrictions, a business school could afford to hire only one new faculty member for the next academic year. Howev

er, the school needed additional faculty members in both finance and marketing. After a lengthy discussion, it was decided that the budget would be shared and part-time instructors would be hired for the next year. What kind of conflict management strategy was used?
Business
1 answer:
kakasveta [241]3 years ago
3 0

The correct answer would be, Compromise.

After a lengthy discussion, it was decided that the budget would be hired for the next year. In this situation, Compromise strategy of conflict management is used.  

Explanation:

In simple words, Conflict Management is the management of Conflict between two parties, or between two issues. In this process, the negative aspects of the issue are lowered while positive aspects are being highlighted.

Compromise is that strategy of Conflict Management in which a settlement is made below the desired standards in order to resolve the conflict.

So when temporary faculty is hired in the school instead of the need of permanent faculty, due to the shortage of budget, Compromise Strategy of Conflict Management is being used.

Learn more about Conflict Management at:

brainly.com/question/12441613

#LearnWithBrainly

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Luden [163]

Answer:

Hello Friend, I've done my personal research, and I apologize if the answer is incorrect.

The natural unemployment would be 5%.

Explanation:

The percentages of both kinds of employment statuses have an amount of what the natural rate of unemployment would be 5% which is the answer that is provided.

7 0
3 years ago
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Answer:

See Explanation

Explanation:

Given

The histogram

Required

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5 0
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