Arbitration describes which process?

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Multiple Choice

Arbitration describes which process?

Explanation:
Arbitration is a dispute-resolution method where a neutral third party listens to the facts, reviews the evidence, and then makes a decision to settle the conflict. That decision is usually binding and enforceable, providing a formal resolution without going to court. This differs from training and development, which aims to improve skills; from voting by stakeholders, which is a democratic decision-making process without a formal ruling; and from collective bargaining, which involves negotiation over terms of employment rather than a third-party ruling.

Arbitration is a dispute-resolution method where a neutral third party listens to the facts, reviews the evidence, and then makes a decision to settle the conflict. That decision is usually binding and enforceable, providing a formal resolution without going to court. This differs from training and development, which aims to improve skills; from voting by stakeholders, which is a democratic decision-making process without a formal ruling; and from collective bargaining, which involves negotiation over terms of employment rather than a third-party ruling.

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