Describe the Components of Valuation

question 34

Essay

Describe the components of valuation.

Recognize the importance of maintaining positive relationships and achieving basic goals in conflict resolution strategies.

Understand different sources and types of conflicts within organizations.

Distinguish between conflict management styles and their implications on organizational dynamics.

Recognize strategies for resolving conflicts and their suitability in various situations.

---

Definitions:

Innovative

Pertains to the ability or process of creating new ideas, products, or methods that bring novel solutions to problems or improvements to existing conditions.

Entrepreneurial

Characteristics or actions related to the creation, development, and management of a business venture to achieve profit or social goals.

Organizational Change

The process by which organizations transform their structure, strategies, policies, processes, or culture to adapt to internal and external pressures.

Environmental Changes

Alterations in the surrounding physical, chemical, and biological conditions that can affect ecosystems, organisms, and human societies.