During mediation, a mediator imposes binding contract conditions on two parties who cannot reach agreement by themselves.
Answer the following statement true (T) or false (F)
False
Mediation (or conciliation, as it is often called) is a process whereby both parties invite a neutral third party (called a mediator) to help resolve contract impasses. Mediators help the parties find common ground for continuing negotiations, develop factual data on issues over which the parties disagree, and set up joint study committees involving members of both parties to examine more difficult issues. However, mediators cannot impose decisions on the parties.
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If factory overhead applied is more than the adjusted balance of Factory Overhead, the difference is known as
a. a shortage; b. an overage; c. underapplied; d. overapplied; e. retained earnings
Describe the conflict between the need for cost information to make managerial decisions and the timing of the availability of actual cost data. How do companies resolve this conflict?
What will be an ideal response?
Bella is working with Edward to complete a project proposal. Edward promised her that she would get credit for the part of the proposal that she completes. Bella is trying to do everything to move up the corporate ladder, but she wonders if Edward will keep his promise and give her the credit that she deserves. Bella is struggling with which element of expectancy theory?
a. Expectancy b. Instrumentality c. Effort d. Valence
Summarize Canada's experience with nonunion employee representation plans. How have these plans affected the Canadian labor movement?
What will be an ideal response?