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Explain How You Might Use the Conflict Management Skills of Managing

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Explain how you might use the conflict management skills of managing emotions, information, goals, and problems in the following situation: You and your roommate agreed on a schedule and responsibilities for chores.At first, all went well.Then gradually, week after week, one excuse after another, your roommate began to fail to follow through.At first it was no big deal-a dish here, a sock there.But now your roommate has left dishes in the sink for three days and hasn't taken out the trash in a week; the bathroom is a mess, especially the shower.And the last straw is the large mustard stain that recently appeared in the middle of the living room carpet.You are furious.You've let it slide long enough and decide to let her know how you feel.


Definitions:

Portfolio's Expected Rate

The anticipated rate of return on a portfolio, based on the portfolio's asset allocation, expected performance, and market conditions.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, often used in statistics to quantify the volatility of a financial instrument.

Probability Distribution

An analytic function detailing the entire set of potential outcomes and their probabilities for a random variable within a certain range.

Global Minimum Variance Portfolio

An investment portfolio constructed to achieve the lowest possible risk (variance), given a set of securities.

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