Answer:
Challenge
- Quality Issues
- Lack of Documentation
Risk
- Loss of Confidentiality
- System Unavailability
Reward
- Increased Quality
- Reduced Cycle
Explanation:
A challenge is something that test you and your business. The are temporary obstacles that you have to surpass in order to be successful.
Business Risk means the possibility of loss or any adverse condition that may severely damage the organization's ability to achieve its goals and objectives.
Reward means a positive outcome that has happened because of productive decision making and effective management.
Displacement is the defense mechanism. Devised by the Freud's daughter Anna Frued which is one delicate follower of the Psychoanalysis theory and therapy pionnered by Sigmund himself. Defense mechanisms are told to be formed when there is a presence of anxiety, these anxieties are shaped when the id, ego and superego contradicts and coerces with one another. Thus defense mechanisms are formed to help the indivdual cope with his/her situation and anxiety. One is displacement as displayed in the statement above.
Answer:
I would politely reach out to XYZ organization and let them know I won't be taking them on their offer
Explanation:
In this particular situation, there is no legal binding in this agreement to start work. There is no responsibility from me to XYZ corporation.
If this new offer excited me more than what XYZ corporation has offered, then I have to decide which company i would decide to do my internship with. So I would have to politely decline the offer from XYZ.
Answer:
The quota system is not efficient since the total supply is less than the equilibrium quantity. This will produce a deadweight loss which equals the lost supplier surplus plus the lost consumer surplus. The deadweight loss s the area between the demand and supply curve, and between the imposed quota and the equilibrium quantity.
Graph 1 shows the market equilibrium while graph 2 shows the deadweight loss.
Answer:
The dos and donts in excersing active listening
Explanation:
Active listening helps someone understand what the party is trying to say, even if the message is unclear or ambiguous. As a practice manager, the following actions will enhance or undermine active listening.
<u>The Do's</u>
- Nod in agreement
- Maintain eye contact
- Offer positive reinforcement with phrases such as 'yes,' ' great' or 'indeed.'
- Positive body posture such as facing the speaker and smiling
- Ask relevant questions
- Seek clarification
<u>The Don't s</u>
- Avoid noise: switch off audio devices such as radio, computers while listening.
- Do not interrupt or cut off the speaker.
- Avoid receiver biases. Keep an open mind, and don't judge the speaker's message before its communicated.
- Avoid listener's appreciation: Don't fear that you might not understand the speaker's message.
- Keep off distractions such as picking phone calls and reading.
