You Should Use a Database Rather Than a Spreadsheet If

question 64

True/False

You should use a database rather than a spreadsheet if you want to collect, reorganize and filter data, and/or create reports from the data.

Understand the concept of decoupling and its application in indirect conflict management strategies.

Identify and explain common pitfalls in negotiation, such as becoming overly committed to demands.

Describe principled negotiation and its importance in conflict resolution.

Recognize different types of conflicts and their potential benefits or detriments to organizations.

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Definitions:

Implicit Costs

The opportunity costs of using resources owned by the business for its operations instead of allocating them to their best alternative use.

Interest Rate

The expense associated with taking out a loan or the earnings from investments, usually shown as a percent of the total amount invested or borrowed.

Specialization

The process of focusing effort and resources on a limited number of activities to gain efficiency or expertise.

Average Cost

The total cost of production divided by the total quantity produced, representing the cost per unit of output.