Which of the Following Is a Major Advantage of Having

question 69

Multiple Choice

Which of the following is a major advantage of having moderate levels of organizational conflicts?

• A)More responsiveness to changing business environment
• B)Reduced attrition in the organization
• C)Reduced stress and job dissatisfaction among employees
• D)Increased information sharing
• E)Less wastage of time because of reduced communication among employees

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Definitions:

Asymmetric Information

A situation in which one party in a transaction has more or superior information compared to another, often leading to an unfair advantage.

Moral Hazard

The risk that one party to a transaction behaves in a way that is undesirable from the other party's point of view because the latter cannot effectively control the former.

Asymmetric Information

A situation where one party in a transaction has more or superior information compared to another.

High-quality Goods

Products that exceed the standard level of performance, durability, or finishing, often resulting in higher consumer satisfaction.