Some of the Team Members Took Great Delight in Stirring

question 67

Multiple Choice

Some of the team members took great delight in stirring the pot at team meetings.They knew just how to get each team member agitated and then sat back and enjoyed the show.These troublemakers defended their actions by claiming that they took the:

• A)traditional view of conflict.
• B)behavioral view of conflict.
• C)high reliability view of conflict.
• D)interactionist view of conflict.

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Definitions:

Sunk Cost

Costs that have already been incurred and cannot be recovered or altered, and should not affect future business decisions.

Relevant Cost

Costs that will be affected by a decision in the future and therefore should be considered in decision-making processes.

Sell or Process Further

A decision-making process used in managerial accounting to determine whether it is more profitable to sell a product as is or process it further.

Incremental Revenue

The additional revenue generated from a new business action or decision, beyond the existing revenue stream.