Asked by Matthew Bahramian on Jul 03, 2024
Verified
The primary method for resolving conflicts and serious business disputes is through the use of self-regulation.
Self-Regulation
The ability of an individual or organization to regulate itself without intervention from external bodies, often applied to maintaining ethical standards.
- Comprehend the mechanisms for resolving conflicts and disputes in business.
Verified Answer
MA
melissa avalosJul 09, 2024
Final Answer :
False
Explanation :
While self-regulation may be one method of attempting to resolve conflicts and disputes, it is not the primary method. Other methods include negotiation, mediation, arbitration, and litigation. The most appropriate method will depend on the nature of the conflict and the parties involved.
Learning Objectives
- Comprehend the mechanisms for resolving conflicts and disputes in business.
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