1. Which of the following is not a key part of the communication process? a. encoding b. agreeing c. channel d. feedback 2. Encoding can be defined as which of the following? a. anything that blocks, distorts, or changes in any way the message the sender intended to communicate b. a check on the success of the communication c. converting a thought, idea, or fact into a message composed of symbols, pictures, or words d. the encoded information 3. Translating the message back into something
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firm’s stock price is the appropriate goal for management. 5. Discuss how agency conflicts affect the goal of maximizing stockholder wealth. 6. Explain why ethics is an appropriate topic in the study of corporate finance. I. Chapter Outline 1.1 The Role of the Financial Manager A. It’s All about Cash Flows • The financial manager is responsible for making decisions that are in the best interest of the firm’s owners. • A firm generates cash flows by selling the
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1. Power and difference b/w power and influence. Ans. According to Robbins and Judge, “Power is a capacity that A has to influence the behavior of B so that B acts in accordance with A’s wishes.”(2015).The most important aspect of the power is that is a function of dependency. The greater the B’s dependence on A, the greater is A’s power in relationship. For example, if you want a college degree and have to pass a certain course to get it, and your current instructor is the only faculty member in
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in a teams. Conflict is defined as disagreement between individuals. Conflict can arise among members within a team or between one team and another. Conflict refers to antagonistic interaction in which one party attempts to block the intentions or goals of another. Competition, which is rivalry among individuals or teams, can have a healthy impact because it energizes people toward higher performance. Whenever people work together in teams, some conflict is inevitable. Bringing conflicts out into the
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individuals should do what is in their self-interest, and I really agree with this concept. In my opinion, if I cannot treat myself well, it is ridiculous and meaningless to talk about treating others well, so I always believe that I need to take care my self-interest well when I make a decision and do something. It doesn’t mean that I don’t care about others’ interest. What I believe, and most people agree with, is that I should act and achieve my self-interest, and, at the same time, others also can
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Chapter Preview (cont.) • The Lemons Problem: How Adverse Selection Influences Financial Structure • How Moral Hazard Affects the Choice Between Debt and Equity Contracts • How Moral Hazard Influences Financial Structure in Debt Markets • Conflicts of Interest Copyright ©2015 Pearson Education, Inc. All rights reserved. 7-5 Basic Facts About Financial Structure Throughout the World • The financial system is a complex structure including many different financial institutions: banks, insurance
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THIRD PARTY MEDIATION IN CONFLICT RESOLUTION Introduction The contemporary international system has witnessed dramatic increases in numerous conflicts. Specifically, of the six continents in the world, not even one is immune to one form of violent conflicts or the other. Of all efforts to explain the causes of these conflicts, a growing body of research findings highlights the association between economic deprivation and conflict. (Gurr 1970; Elbadawi 1992; Collier and Hoeffler 1998; Stewart
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several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders, should the compensation committee of the board devote more to executive salary and bonus (cash compensation) or more to long-term incentives? Why? What role does each type of pay play in motivating managers? There are several dimensions to the principal-agent conflict. Principal-Agent Relationships exist whenever
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working on the team paper and presentation due in Week Five. Comprehensive LT conflict resolution plan. When writing the conflict resolution plan, please indicate the CONSEQUENCES for failure to submit individual input to ensure Fair and Even Contribution and Collaboration.Write a 800-1000 word conflict resolution. It is necessary to have collaboration that the whole team agrees upon and can follow with a step by step conflict resolution plan.Address how the missing work will be completed by the remainder
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Positive Approaches to Conflict Conflict is disagreement where those who are parties to it recognize a threat to their wishes, interest or concerns. There is usually a certain level of misunderstanding which many a times takes disagreements to a higher level. By understanding the correct areas of conflict, this will assist in solving the true problems and, address the actual needs of the parties involved. Confusion arises in identifying who are the involved parties in a conflict. People perceived to
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