Examlex
The S-C-P model assumes that any competitive advantages a firm has in an industry must benefit society.
Imposing Resolution
Enforcing a solution or settlement onto the parties involved in a dispute, often without their voluntary agreement.
Narcotic Effect
The numbing or desensitizing impact of an activity or substance over time, reducing its perceived effects.
Frequency of Arbitration
The rate or occurrence at which arbitration, a form of dispute resolution involving an impartial third party, is used to settle disputes.
Binding Decision
A final and enforceable decision made by an authority such as a court or arbitrator, from which parties cannot deviate.
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