Question: The key difference between mediation and arbitration is a mediator is constrained to work with the final offers given by the parties while an arbitrator

The key difference between mediation and arbitration is
a mediator is constrained to work with the final offers given by the parties while an arbitrator can create an agreement that lies somewhere in between final offers.
an arbitrator has more ability to come up with an agreement that both parties will be happy with.
an arbitrator is focused on improving the relationship between the parties while a mediator just wants to get a settlement.
a mediator has no authority to make a final and binding decision.
 The key difference between mediation and arbitration is a mediator is

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!