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Conflict Can Be Prevented by

question 5

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Conflict can be prevented by

Understand the role of motivation in performance and how it's influenced by individual expectations and perceptions of equity.
Evaluate strategies to address perceived inequities and the role of procedural justice in organizational decisions.
Appreciate the importance of aligning rewards with business objectives and performance outcomes in organizational settings.
Understand and explain Herzberg's motivator-hygiene model and its application in job design.

Definitions:

Cure the Defect

The process of correcting or fixing a flaw or error in a legal document or procedure.

Confirmed Letter of Credit

A letter of credit that has an additional guarantee by a second bank, ensuring payment under the letter of credit if the issuing bank fails to do so.

Seller's Bank

A bank appointed by a seller, often in trade transactions, to handle the documentation and receipt of payment from the buyer.

Liability

A company's or individual's legal responsibility for their actions or the state of being legally obligated to settle a debt.

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