What Is the Basic Principle of the Contingency Theory of Conflict

question 29

Multiple Choice

What is the basic principle of the contingency theory of conflict management in public relations?

• A) A number of factors influence public relations practice.
• B) The same public relations solution will work every time.
• C) Public relations practitioners should be concerned only with the welfare of their clients.
• D) Public relations is always symmetrical.
• E) Conflicts are always solved through effective communication.

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Definitions:

Elimination Entry

Elimination entry involves making accounting entries in consolidated financial statements to remove the effects of intercompany transactions.

Contingent Consideration

A future payment in a transaction that is dependent on specific outcomes or events.

IFRS 3

Refers to the International Financial Reporting Standard that covers the accounting treatment for all business combinations, including the recognition and measurement of goodwill and determination of fair value for identifiable assets and liabilities.

Business Combinations

The uniting of separate companies, assets, or entities into one through various types of financial transactions, including mergers and acquisitions.