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baherus [9]
3 years ago
12

Keeping in mind uncertain economic conditions, the workers at a steel plant agree to a lower wage package in exchange for job se

curity. Which of the following conflict management styles does this scenario reflect?
a) Avoiding
b) Compromising
c) Collaborating
d) Accommodating
Business
1 answer:
Black_prince [1.1K]3 years ago
5 0

Answer:

Compromising

Explanation:

In business, a compromising management style refers to a style that's also called "lose-lose", this means that both sides of the conflict make sacrifices in order to reach a solution to the conflict. In other words, both sides give in on some points of their original position.

In this example, there are uncertain economic positions. <u>The workers agree to a lower wage package (this would be a "lose" for them since they would likely don't want a lower wage package originally) in exchange for job security (in this case, the plant, since there are uncertain economic positions wouldn't originally want to give them such a job security so it would be a "lose" for them).</u> We can see that both sides made sacrifices so this would be an example of compromising.

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Answer:

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Explanation:

given data

pay = $300 per year

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solution

we get here present value payment after 5 year is

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present value = \frac{1000}{(1+0.03)^5}

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and

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and

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