The Avoiding Technique Is Generally Appropriate When ________

question 82

Multiple Choice

The avoiding technique is generally appropriate when ________.

• A)the planned change is extensive and time is limited
• B)an emergency change has to be made in the organization
• C)a win-win solution is essential to the organization
• D)the parties involved in the conflict are powerful
• E)the potential conflict will not limit organizational goal attainment

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Definitions:

Flexible Exchange Rate

A rate of exchange that is determined by the international demand for and supply of a nation’s money and that is consequently free to rise or fall because it is not subject to currency interventions. Also referred to as a “floating exchange rate.”

Fixed Exchange Rate

A currency system where the value of a currency is pegged against another currency, a basket of currencies, or another measure of value.

Trade Deficits

A situation where a country's imports exceed its exports, indicating that it is buying more goods and services than it is selling abroad.

Current Account

Part of a nation's balance of payments encompassing the trade balance, net primary income, and net secondary income components.