Answer to Question #199776 in Economics for Cheyenne

Question

Explain how the contemporary approaches are relevant to managing business organisations today. Use examples to support your answer.

Answer 1

During the nineties of the twentieth century, both practitioners and theorists paid great attention to the issue of conflict prevention. Preventive measures are meant to resolve differences, manage a situation, or contain disputes before they become violent. Conflict management, in turn, means limiting, mitigating and containing conflict. Conflict prevention includes numerous actions such as avoiding conflict and resolving conflict through techniques such as mediation, peacekeeping, peacekeeping, confidence-building measures and informal diplomacy.

The concept of conflict prevention is now being developed in an impressive bibliography. In addition, in recent years, the UN, regional organizations, government and non-governmental organizations have been involved in regular reviews of “lessons learned” and “best practices” in relation to failed missions or missed opportunities. In addition, numerous well-publicized and funded research projects and special reports provide policy advice that is directed directly to decision-makers at the highest level in the UN and other organizations.