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Two business units operate out of different buildings in a large city. They offer distinct products to customers and have their own budgets. However, they must share training facilities located at headquarters, also located in the city. This often creates conflict because both business units tend to want the training facilities at the same time. Describe the source(s) of conflict that are apparent in this situation and describe two potential solutions that would minimize this conflict.
Common Stock
A type of equity security that represents ownership in a corporation, granting holders voting rights and potential dividends.
Acquisition Transaction
A business deal in which one company acquires another, either through purchase, merger, or other method.
Credit Balance
An accounting entry that appears on the right-hand side of an account, indicating that funds have been received or that an amount is owed.
Common Stock
Represents equity ownership in a corporation, providing voting rights and a share in the company's profits via dividends.
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