BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Mediation Mediation is a process for resolving disputes with the aid of an independent third person that assists the parties in disputes to reach a negotiated resolution.

Detailed explanation-2: -In mediation, a neutral third party tries to help disputants come to a consensus on their own. Rather than imposing a solution, a professional mediator seeks to assist the conflicting sides in exploring the interests underlying their positions.

Detailed explanation-3: -Mediation is a structured, interactive process where an impartial third party neutral assists disputing parties in resolving conflict through the use of specialized communication and negotiation techniques. All participants in mediation are encouraged to actively participate in the process.

Detailed explanation-4: -: a complaint filed against a third party by a defendant or plaintiff alleging that the third party is liable for all or part of a claim or counterclaim in dispute between the original parties.

Detailed explanation-5: -Mediation is a type of third-party intervention that is focused on helping the parties involved in the conflict to come to an agreement. The mediator does not make any decisions about who is right or wrong but instead facilitates communication between the parties to help them to understand each other’s perspectives.