Steve, the Manager of ABC Ltd

question 26

Multiple Choice

Steve, the manager of ABC Ltd., is trying to resolve conflicts between teams in his organization and has identified ______ as the main cause of team conflicts

• A) disagreement over goals and priorities
• B) team diversity
• C) personality differences
• D) inefficiency

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Definitions:

Monetary Compensation

The financial payment given to an employee for their services or to an individual as a settlement.

Human Capital Theory

An economic perspective that views individuals' skills, knowledge, and experience as productive assets that can improve their earnings and contribute to a country's economic growth.

Labor Markets

The supply and demand for labor, where employers seek to hire workers, and individuals look for employment.

Compensating Differential

The difference in wages that arises to compensate workers for the non-monetary aspects of different jobs, like risk levels, working conditions, or job location.