Conflict That Arises When Communication Between Individuals Breaks Down and the Lack

question 64

Multiple Choice

Conflict that arises when communication between individuals breaks down and the lack of teamwork causes the team to stray from its chosen path is referred to as:

• A) Personalized conflict
• B) Substantive conflict
• C) Constructive conflict
• D) Dysfunctional conflict

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Definitions:

Total Revenue

The total amount of money received by a company from its sales of goods or services, before any expenses are subtracted.

Profit

The financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Economic Profits

Profits exceeding the total cost of capital, including both the cost of debt and the opportunity cost of equity capital.

Explicit Costs

Expenses directly incurred in the course of running a business, such as wages and materials.