GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Arbitration conciliation process
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Dispute resolution procedure
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Award agreement procedure
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Dispute collective agreement
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Detailed explanation-1: -A dispute resolution clause is typically a written agreement between you and the other party. It specifies what should happen in the event of a disagreement that may arise in the future. The clause may lay out what the process is should a dispute arise, such as mediation, arbitration or perhaps litigation.
Detailed explanation-2: -Negotiation allows the parties to meet in order to settle a dispute. The main advantage of this form of dispute settlement is that it allows the parties themselves to control the process and the solution.
Detailed explanation-3: -The most common types of ADR for civil cases are mediation, settlement conferences, neutral evaluation, and arbitration. Read more about these ADR processes, when they may or may not be appropriate or watch a video demonstration.
Detailed explanation-4: -Be simple and credible. Be sensitive. Seek clarification. Encourage listening. Set expectations. Establish an escalation process. Be consistent. Be quick. More items