What is the settling of a labour-management dispute by having a third party make a binding decision?
A) mediation
B) conciliation
C) dispute regulation
D) arbitration

Question

Quizplus · Accepted Answer

Arbitration is the process of having a third party make a binding decision to settle a labor-management dispute. Mediation involves a third party facilitating communication and negotiation between the two parties but does not result in a binding decision. Conciliation involves a third party making non-binding recommendations to the parties. Dispute regulation is not a commonly used term in labor-management disputes.

What Is the Settling of a Labour-Management Dispute by Having