Question: Select the true statement about arbitration as a conflict resolution technique. Arbitration is resolved directly by the parties involved, and the arbitrator is there to

Select the true statement about arbitration as a conflict resolution technique.
Arbitration is resolved directly by the parties involved, and the arbitrator is there to facilitate the process.
In arbitration, a decision is made by either a single arbitrator or by a group called the arbitration tribunal.
Parties can decide whether or not to abide by the agreement reached in arbitration.
Arbitration is a conflict resolution process decided in a court of law.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!