How have you, or would you, deal with conflicts that emerge in a professional environment?

"I remain professional and respectful, and seek to resolve any conflict in a timely manner. For example, when working on a project with other team members, if someone is not submitting his/her part of the work by the agreed-upon deadline, I will meet with this person to see why he/she hasn't done so. If the person simply does not care about respecting the deadlines, I would calmly explain the repercussions for all of us as we are all part of a team and the project's success, and grades, depend on all of us. This particular situation happened to me when working on a project in a marketing class while in university, and I would act in a similar way at work."