One business partner wants to grow the company through acquisition of a large competitor while the other partner prefers expanding operations to other states. They agree to buy out two smaller firms in different states, satisfying both individual's preferences. The partners used ________ to address this conflict.

Question

Quizplus · Accepted Answer

The partners used compromise to address the conflict, as they found a middle ground by agreeing to buy out two smaller firms, which satisfies both partners' preferences to some extent.

One Business Partner Wants to Grow the Company Through Acquisition