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Conflict in the workplace

Conflict in the workplace is inescapable. However, there are ways to better manage conflict and to help promote a more positive working environment. List a few ways you'd manage conflict at your place of business. Further, what is the difference between compromise and concession? Which of the two do you tend to yield to when faced with conflict, and why?

Solution Summary

Workplace is like any other place where many people from different backgrounds such as qualification, expectation and financial position work together. Since there is a group of people working together conflict is bound to arise.
Reasons for workplace conflicts.
Different ways to manage workplace conflicts.
Difference between compromise and concession.