In Third-Party Negotiations,a Neutral Third Party Who Facilitates a Negotiated

question 47

Multiple Choice

In third-party negotiations,a neutral third party who facilitates a negotiated solution by using reasoning,persuasion,and suggestions is known as a(n) :

• A)conciliator.
• B)consultant.
• C)mediator.
• D)arbitrator.

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Definitions:

Ratio

A comparison, by division, of the relative size of two or more quantities.

Proportion

A statement of the equality of two ratios.

Direct Labour

The cost of wages for employees who directly manufacture or produce goods and services.

Raw Materials

The basic materials from which a product is made, often referred to in the context of manufacturing and production industries.