Question

A mediator a. is a third-party neutral whose decision on a dispute is binding to both the parties. b. is a designated individual from whom employees may seek counsel for resolution of their complaints. c. identifies various levels of management above the immediate supervisor that an aggrieved employee may contact. d. is a third-party neutral who helps the two parties reach a compromise decision

Answer 1

Answer: d. is a third-party neutral who helps the two parties reach a compromise decision

Explanation: A form of alternative dispute resolution that resolves disputes between two or more parties with concrete effects is known as mediation. A mediator is a neutral third party who assists disputing parties in resolving conflict. Through the use of specialized communication and negotiation techniques, the mediator helps the two parties reach a compromise decision. He is one who negotiates between parties seeking mutual agreement. Thus he suggests compromise solutions or recommends concessions from each party that leads to an agreement.

Answer 2

Answer:

The correct option is D,is a third-party neutral who helps the two parties reach a compromise decision

Explanation:

A mediator is an independent third who acts a facilitator between two parties in a negotiation such that the parties can reach a consensus where the decision reached is  a win-win for the parties.

For instance, an oil company alleged that its bank charged excessive interest over and above the agreed interest on its loan,hence a mediator , a certified accountant can be consulted to examine the computation of interest on loan with a view to assisting both parties reach a compromise.