Compare and contrast mediation and arbitration
What will be an ideal response?
Answer: If negotiations reach an impasse, outside help may be needed. Mediation and arbitration are examples of such outside help. Mediation brings in an impartial third party to study the situation, explore new options, improve communication, and make recommendations for resolution of the differences. However, mediation cannot provide a legally binding settlement.
When a legally binding settlement is needed, the negotiators may submit to arbitration–a process in which an impartial referee listens to both sides and then makes a judgment by accepting one side's view. In compulsory arbitration, the parties are required by a government agency to submit to arbitration; in voluntary arbitration, the parties agree on their own to use arbitration to settle their differences.
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Temporal effects include
A. the crowding in retail stores. B. the purpose of the purchase. C. the time of day of the purchase. D. the presence of other people. E. the consumer's mood while engaged in the purchase.
At a given point in time, a trial balance is a list of all ledger accounts and their balances.
Answer the following statement true (T) or false (F)
Pendergraff Pet Supplies divides the pet market according to the owners' race, occupation, income, and family life cycle. What type of segmentation does Pendergraff use?
A) geographic B) behavioral C) needs D) demographic E) psychographic
Contrast the two views about thinking of the core product as a tangible item or a service, as discussed in the text
What will be an ideal response?