What Are the Two Types of Political Risk That Affect

question 101

Multiple Choice

What are the two types of political risk that affect companies conducting global business?

• A) political uncertainty and policy uncertainty
• B) policy uncertainty and expropriation potential
• C) cultural strength and political risks
• D) infrastructure dynamism and political uncertainty
• E) nationalism and economic uncertainty

Understand the implications of different conflict management strategies on relationships and organizational outcomes.

Recognize the role of manager's attitude and behavior in conflict resolution.

Understand the impact of organizational structures and principles on conflict occurrence.

Appreciate the significance of conflict management in leadership and team dynamics.

---

Definitions:

Switzerland

A country in Central Europe known for its mountains, lakes, and neutral political stance.

Cost of Failure

The financial, reputational, or operational losses incurred due to the unsuccessful completion of a project or task.

Cost of Conformance

The costs incurred to ensure that a product or service meets the quality standards and requirements, including prevention and testing costs.

Cost of Appraisal

The expenses associated with the activities to measure, evaluate, or audit products or services to ensure conformance with quality standards.