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3 years ago

Other than communication, justify two management skills require to successfully resolve disputes

Business

1 answer:

Nikolay [14]3 years ago

5 0

Remember R.I.C.E (four elements of conflict resolution) :

R= Resource Control, aka who is in power. Sometimes just being "the boss" can help you resolve a conflict because people will listen to you

I= Interpersonal Links/Relationships - if you have a strong network of friends or colleagues it will be easier to resolve a conflict because these people know and trust you

C= Communication Skills- active listening, careful responses, verbal and non-verbal communication etc.

E= Expertise-if you are the expert in a certain subject based on experience education or skills, you will have the authority to help resolve conflicts

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Peng Company is considering an investment expected to generate an average net income after taxes of $3,300 for three years.

nikdorinn [45]

Answer:

3482.12

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Cash flow = net income + depreciation = 16,200 + 3300 = 35,700

($56,100 - $7500) / 3 = 16,200

Cash flow in year 0 = 56,100

cash flow in year 1 and 2 = 35700

cash flow in year 3 = 35,700 + 7500

i = 5%

NPV =

3 0

3 years ago

Susan saved $5000 per year in her retirement account for 10 years (during age 25-35) and then quit saving. However, she did not

sladkih [1.3K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Susan:

Annual deposit= $5,000 for 10 years

Lumo-sum for 30 years

Interest rate= 8.5%

Jane:

Annual deposit= $5,000 for 30 years.

First, we will calculate the future value of Susan:

First 10 years:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {5,000*[(1.085^10)-1]}/0.085

FV= $74,175.50

Last 30 years:

FV= PV*(1+i)^n

FV= 74,175.50*(1.085^30)

FV= $857,050.14

Jane:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {5,000*[(1.085^30)-1]}/0.085

FV= $621,073.63

Earnings difference= 857,050.14 - 621,073.63= $235,976.51 in favor of Susan.

8 0

3 years ago

Which best describes the role of financial planning?

4vir4ik [10]

Which best describes the role of financial planning? Allow someone to have fewer economic obstacles. A financial plan is important to have because it allows someone to be best set up for the future. A financial plan allows you to predict your future cash flows, asset values and save for unfortunate events. Those who actively participate in financial planning tend to overcome the fewer economic obstacles thrown their way.

7 0

3 years ago

Read 2 more answers

Dividing a diverse market into groups of customers who share similar traits or characteristics is the process known as:

victus00 [196]

Answer:

Market segmentation

Explanation:

Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations. A market segment is a group of people who share one or more common characteristics, lumped together for marketing purposes.

5 0

3 years ago

The primary purpose of an ethics audit is to ____.

il63 [147K]

Answer:

c. evaluate a company's ethical culture

Explanation:

Ethics auditing is used to systematically evaluate an organization's effectiveness when it comes to performance ethics and programs. This will determine both the internal and external impacts of ethical performance. It also helps in identifying the problems and risks in outgoing activities. This way the company can take necessary measures to correct, adjust or eliminate any ethical concerns that may arise.

4 0

3 years ago