Multiple Choice
TRX Inc. and its box supplier could not agree on a new price. The raw material cost to manufacture boxes increased and the supplier needed a new contract with its customers. TRX knew it was the supplier's number one customer and planned to refuse any price increase. However,to maintain a long-term relationship,TRX settled on a price just below the supplier's initial increase. Both companies were happy with the new contract. What would Mary Parker Follett call this conflict settlement?
A) mediation
B) arbitration
C) negotiation
D) compromise
Correct Answer:

Verified
Correct Answer:
Verified
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