Conflict especially in organizations or between working partners is known to cause a lot of stressful situations which if not resolved quickly and amicably often lead to frustrations in the professional and personal lives of those involved. It also affects the outcome of organization goals.
However, if the internal conflict is quickly resolved, this will lead to an enhanced cordial and sustainable relationship between the people and the institution, as everybody involved will work together, understand their differences, and embrace the unclear situations by actively finding a resolution or common ground that will keep the working or personal relationship going forward.
The best statement to fill in the blank is standard of living. Real GDP per capita is the most popular way to measure standard of living. The real GDP is an important indicator for the economic status of an area. It will dictate the quality of life of the people in that area.
