Arbitration is the process of settling a labour-management dispute with a binding decision.

Name: Arbitration is the process of settling a labour-management dispute with a binding decision.
Brand: Quizplus
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Quizplus · Accepted Answer

Arbitration is a formal process of dispute resolution, where a neutral third party (arbitrator) listens to the case presented by both parties and makes a binding decision. This decision is final and legally binding for both the labour and management.

Arbitration Is the Process of Settling a Labour-Management Dispute with a Binding