Question & Answer: Please define the Dilemma below and describe how they impact workplace team Information…..

Information Asymmetry Dilemma: In this, the amount of information access and sharing amongst team are important consideration. There are two elements:

• The unique information with each member
• The amount of this unique information shared by member with others in team

If the above elements are not followed, the information asymmetry will occur due to difference in accessibility and can cause issue in team

Interest Asymmetry: It is the degree to which team members have diverse interest in a situation. Example: The sales team may want production team to start the operation immediately for a product and production team may want sales team to first share forecast else may lead to excess inventory. Hence, this is diverse interest and may cause issue within team.