Two Team Members Who Disagree Over Their Work Schedule Approach

question 7

Multiple Choice

Two team members who disagree over their work schedule approach their team leader to help resolve the conflict.Based on your knowledge of third-party conflict resolution,to avoid feelings of unfairness by the team member,the team leader should:

• A)help the employees resolve their own conflict,with the team leader serving as a mediator to help them clarify their differences and common interests in the dispute.
• B)ask the employees to avoid the conflict and move on.
• C)tell each employee to present a solution,then the team leader would randomly choose one of them.
• D)refuse to allow the conflict and ignore both employees.
• E)tell the employees that their personal leave has been cancelled this year because they couldn't agree on such a trivial issue.

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Definitions:

Utility Function

A mathematical representation of a decision-maker's preference ranking for a set of outcomes or goods, reflecting their attitude towards risk.

Expected Utility

The anticipated value derived from an uncertain outcome, where utility represents a measure of relative satisfaction or benefit.

Indifference Curves

Graphical representations in microeconomics showing different bundles of goods between which a consumer is indifferent.

Risk-Averse Investors

Individuals or entities preferring to minimize financial risk, often choosing investments with lower potential returns to avoid loss.