Quote by Ludwig Erhard

A compromise is the art of dividing a cake in such a way that everyone believes that he has got the biggest piece.

A compromise is the art of dividing a cake in such a way tha

Summary

This quote illustrates the idea that compromise involves finding a solution where each party feels favorable, even if the outcomes are unequal. It suggests that compromise requires skill in distributing resources or benefits in a manner that allows everyone involved to believe they have received more than they actually have. This highlights the importance of negotiation and creating the perception of fairness to achieve agreements and maintain harmony in various situations.

Topics

Business

By Ludwig Erhard

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