Because of Financial Problems in the Organization, the Top Management

question 95

Multiple Choice

Because of financial problems in the organization, the top management of an investment bank decides to lower costs and downsize the business by

• A)insourcing.
• B)restructuring.
• C)task assessment.
• D)empowerment.
• E)delegation.

---

Definitions:

ADR Systems

Alternative Dispute Resolution Systems, methods used to settle disputes outside of court, such as arbitration, mediation, and negotiation.

Mediator Behaviors

The actions and strategies employed by a neutral third party to facilitate conflict resolution and agreement between disputing parties.

Mediation Success

The achievement of resolving a dispute or conflict through the intervention of a third party, leading to a mutually acceptable agreement.

Conflict Costs

The expenses, both tangible and intangible, that arise from disputes and disagreements.