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3 years ago

2 3 6 Compare and contrast mediation with arbitration.

Business

1 answer:

Likurg_2 [28]3 years ago

5 0

Answer:

See below

Explanation:

Both mediation and arbitration are dispute resolution mechanisms. They make use of an independent third party to help resolve the conflict. Mediation and arbitration are a private affair between the independent third party and the conflicting parties.

In an arbitration, the arbitrator considers the evidence presented by each of the conflicting parties. They weigh in the legal aspects before making a binding decision. Arbitration is like a court case, except that the process takes place outside a courtroom. There is a winning and a losing party in an arbitration.

Mediation helps parties to settle their disputes through discussions, negotiations, and narrowing differences. The mediator helps conflicting parties to arrive at an agreed solution. They do not decide on the conflicting issue. In mediation, all parties agree on a win-win solution.

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2 years ago

Porter identified three generic strategies that a business could follow after identifying a market it wanted to enter.Which of t

gogolik [260]

Answer:

B) Supplier cost differentiation

Explanation:

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4 years ago

The following information is provided for Company Z. Per Unit Total $ % Sales Revenue (1,500 Units) $25.00 $37,500 100% Variable

nikklg [1K]

The Breakeven point in Dollars is $25,000

Breakeven point in Dollars is computed as;

= Fixed cost / Contribution margin ratio

First, we need to compute the contribution margin ratio

= Contribution margin / Revenues

= $22,500 / $37,500

= 0.6%

Then,

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= Fixed cost / Contribution margin ratio

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= $25,000

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2 years ago

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Answer:

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Explanation:

I did the test. Trust mate

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