BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Dispute resolution processes fall into two major types: Adjudicative processes, such as litigation or arbitration, in which a judge, jury or arbitrator determines the outcome. Consensual processes, such as collaborative law, mediation, conciliation, or negotiation, in which the parties attempt to reach agreement.

Detailed explanation-2: -Mediation: a neutral person called a “mediator” helps the parties try to reach a mutually acceptable resolution of the dispute. The mediator does not decide the case, but helps the parties communicate so they can try to settle the dispute themselves.

Detailed explanation-3: -Litigation is generally thought of as the process of resolving rights-based disputes through the court system, from filing a law suit through arguments on legal motions, a discovery phase involving formal exchange of information, courtroom trial and appeal.

Detailed explanation-4: -Alternative dispute resolution (ADR) is another type of legal process. Unlike litigation, it does not involve bringing a case to court.