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.
A. competition
B. distributive negotiation
C. avoidance
D. compromise
E. accommodation
Answer: D
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A. often has a group of managerial specialists in an international division, who have authority over the product divisions. B. has domestic product divisions responsible for the worldwide operations such as marketing and production of products under their control. C. helps to avoid duplication of area experts. D. represents a sharp move away from pre-export department times. E. often suffers from a duplication of product experts.
It is wise to judge people based on their conduct and qualities
Indicate whether the statement is true or false
Which metric is based on the idea that word of mouth, rather than any other metric, is the best predictor of a firm's growth and therefore, financial performance?
What will be an ideal response?
A partner's authority to act for the partnership is similar to the authority of a(n): A) agent to act for a principal
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