ECONOMICS

Detailed explanation-1: -Using compromise to resolve a disagreement or dispute is appropriate in the following situations: When the general welfare of the organization will benefit from both parties giving in on some of their demands. When differences have been recognized and “aired” and there is a need to move forward.

Detailed explanation-2: -Compromise: A person who typically uses a compromising conflict style attempts to balance the needs of both or all sides in a conflict by encouraging everyone to give in on at least some points. This style of conflict can be more time-consuming and require more “people skills” than other conflict resolution techniques.