Principles of Management C483 WGU | 339 Questions and Answers(A+ Solution guide)

Accommodation - A style of dealing with conflict involving cooperation on behalf of the other party but not being assertive about one's own interests Accounting audits - Procedures used to verify accounting reports and statements Acquisition - One firm buying another Activity-Based costing (ABC) - A method of cost accounting designed to identify streams of activity and then to allocate costs across particular business processes according to the mount of time employees devote to particular activities Adapters - Companies that take the current industry structure and its evolution as givens, and choose where to compete. Adverse impact - When a seemingly neutral employment practice has a disproportionately negative effect on a protected group. Advertising support model - Charging fees to advertise on a site. affective conflict - Emotional disagreement directed toward other people affiliate model - Charging fees to direct site visitors to other companies' sites affirmative action - Special efforts to recruit and hire qualified members of groups that have been discriminated against in the past. Alderfer's ERG theory - A human needs theory postulating that people have three basic sets of needs that can operate simultaneouslyarbitration - The use of a neutral third party to resolve a labor dispute. assessment center - A managerial performance test in which candidates participate in a variety of exercises and situations. assets - The values of the various items the corporation owns. Authentic leadership - A style in which the leader is true to himself or herself while leading autocratic leadership - A form of leadership in which the leader makes decisions on his or her own and then announces those decisions to the group