Question

Yvette, a manager, decides to offer her support to Jonny, one of her subordinates, on a new project in exchange for a share of the payoffs. In the context of entrepreneurship, this practice is known as ____________.

Answer 1

Answer: Horse Trading

Explanation:

Horse trading is a term which originated from the buying and selling of horses. It is a term that means a situation in which negotiation is difficult between the buyers and sellers to reach an agreement.

Horse trading is an enterpreneurship practice used to describe negotiations which are difficult and involve a lot of compromise.

It is also an unofficial discussion in which buyers and sellers make agreements that provide both of them with advantages.