The Subject of How to Deal with Difficult People in the Workplace

question 12

Essay

The subject of how to deal with difficult people in the workplace has received increasing attention in recent years from several authors who have made several valid points in dealing with this type of person.First,everyone can exhibit difficult behaviors or be difficult to deal with at times;some people,however,are invariably difficult,and their behavior follows predictable and identifiable patterns.What are the other two points?

Understand the fundamental concepts of behavioral economics and how it differs from traditional economic theory.

Grasp the role of rationality in consumer and producer behavior according to both traditional and behavioral economic theories.

Recognize the impact of reference points, fairness, and the endowment effect on economic decision-making.

Identify the critical assumptions underlying traditional economic theory about consumer and producer behavior.

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Definitions:

Imperfect Tender

A situation where the goods delivered or services rendered do not fully comply with the specifications or requirements outlined in a contract.

Imperfect Performance

A situation where the performance of a contractual obligation falls short of complete fulfillment.

Breach Of Contract

The failure to perform any term of a contract, written or verbal, without a legitimate legal excuse.

Frustrated Contract

A contract that, through no fault of either party, is unable to be fulfilled due to unforeseen circumstances, rendering the original terms of the contract void.