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Question : Arbitration as a conflict resolution strategy involves:  

 

Option 1: The conflicting parties reaching a solution together  

 

 

Option 2: Avoiding the conflict altogether  

 

Option 3: A third party making a binding decision  

 

Option 4: Informal discussions to resolve the conflict  


Team Careers360 9th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: A third party making a binding decision


Solution : Arbitration is a conflict resolution strategy that involves a third party making a binding decision to resolve the conflict. It is often used when negotiation or mediation has failed, and the parties agree to accept the arbitrator's decision.

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