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In the Context of Coordination in an Organization, Explain the Two

question 26

Essay

In the context of coordination in an organization, explain the two strategies that can be used by managers to cope with high uncertainty and heavy information demands.


Definitions:

Concept

An abstract idea or general notion that represents something.

Buyer

A person or entity that purchases goods or services from another; the purchaser in a transaction.

Arbitration

A type of alternative dispute resolution wherein disputes are submitted for resolution to private non-official persons selected in a manner provided by law or the agreement of the parties.

Dispute Resolution

The process of resolving disagreements between parties through negotiation, mediation, arbitration, or legal proceedings.

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