Our endeavor in effective business conversation should be to arrive at:

The correct answer is:

2) Agreement

In an effective business conversation, the goal is to reach a mutual agreement, ensuring clarity, consensus, and productive outcomes for all parties involved.

Commitment

• An alloy has Iron, Silver and Bronze in the ratio 7 : 2 : 3. Another alloy has Silver and Bronze in ratio 1 : 2. In what ratio should the two mixtures be mixed so that the ratio of Iron and Silver in resultant mixture is 5 : 3?
• Three friends plan to go for a morning walk. They step off together and their steps measures 48 cm, 52 cm and 56 cm respectively. What is the minimum distance each should walk so that each can cover the same distance in complete steps ten times?
• A trader allows a trade discount of 20% and a cash discount of 6¼% on the marked price of the goods and gets a net gain of 20% on the cost. By how much above the cost should the goods be marked for the sale?
• Two types of alloy possess gold and silver in the ratio of 7 : 22 and 21 :37. In what ratio should these alloys be mixed so as to have a new alloy in which gold and silver would exist in the ratio 25:62
• A businessman mixes two varieties of tea in the ratio 2 : 5 and sells the mixture at Rs. 40 per kg. If the cost of two varieties is Rs. 45 and Rs. 31 respectively, then what would be his profit percentage?