Which of the Following Statements Is True About Conflict Management

question 46

Multiple Choice

Which of the following statements is true about conflict management?

• A) Conflict is necessary for organizational growth and survival.
• B) Managers should not encourage conflict in organizations.
• C) Conflict management is a manager's major responsibility.
• D) Each answer is true.

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Definitions:

Liable

Being legally responsible for a particular act or omission, usually involving payment of damages or compliance with specific court orders.

Suretyship

A contractual agreement in which one party (surety) guarantees the obligations of a principal to a third party.

Guaranty

Guaranty is a legal commitment by a guarantor to pay a debt or perform an obligation if the original debtor fails to do so.

Cosigner

An individual who agrees to be equally responsible for the repayment of a loan if the primary borrower fails to pay.