CAIIB · ABM · Chapter 15

Abm Conflict Management and Negotiation

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Advanced Bank Management — CAIIB.

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Q

Define conflict in workplace context.

A

Disagreement or struggle between individuals, groups causing friction and potential productivity loss.

Q

State Hocker and Wilmot's universal characteristic of conflict.

A

Conflict is universal, occurring between individuals, teams, departments, and nations everywhere.

Q

How does conflict relate to scarce resources?

A

Limited budget, manpower, time, or promotions trigger competitive conflict between parties.

Q

When is conflict NOT a sign of poor relationship?

A

Strong, healthy teams experience conflict; absence often signals disengagement and apathy.

Q

What are positive outcomes of managed conflict?

A

Better decisions, increased creativity, stronger bonds, innovation, and organisational growth.

Q

Define task conflict with banking example.

A

Disagreement on work details/goals; e.g., credit officers differing on loan-to-value ratios.

Q

What is relationship conflict?

A

Personal disagreements unrelated to work; stems from temperament differences or past grievances.

Q

Explain value conflict.

A

Arises from fundamental differences in culture, beliefs, values affecting work decisions.

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