Given the following information about the closed economy of Brittania, what is the level of investment spending and private savings, and what is the budget balance? What is the relationship among investment spending, private savings, and the budget balance? Is national savings equal to investment spending? There are no government transfers. GDP = $1,000 million T = $50 million C = $850 million G = $100 million
Friday, April 22, 2016 Chapter 13 Conflicts and Negotiations - Conflict - any situation in which incompatible goals, attitudes, emotions, or behaviors lead to disagreement or opposition between two or more parties. - Causes of Conflict in Organizations two factors: • Structural Factors - nature of an organization and the way in which work is organized - Specialization - when jobs are highly specialized, employees become experts at certain tasks; people have little awareness of the tasks that others perform - Interdependence - requires groups or individuals to depend on one another to accomplish goals; it becomes very easy to blame the other party when they’re work isn’t g