David and Jose have been business partners for 8 years. While David wants to acquire one of their major competitors, Jose is keen on expanding operations to other states. After a few rounds of discussions, they decide on buying out two smaller firms in different states. David is happy with this decision because the acquisitions significantly enhance the prospect of acquiring major firms in future, and Jose's interest in expanding operations to other states is also met. Which of the following conflict resolution strategies does this situation represent?

Question

Quizplus · Accepted Answer

The situation represents the strategy of compromise as both parties had different interests initially but they reached a solution that accommodated both their interests by acquiring two smaller firms in different states.

David and Jose Have Been Business Partners for 8 Years