Define Restructuring and Identify Both the Positive and Negative Outcomes

question 85

Essay

Define restructuring and identify both the positive and negative outcomes that can result when an organization restructures.

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Definitions:

Alternative Dispute Resolution Act

Legislation that promotes the use of alternative methods, such as mediation or arbitration, for resolving disputes outside of traditional court proceedings.

Federal District Courts

Courts of the United States that deal with both civil and criminal cases under federal law. They are the trial courts of the federal court system.

Litigants

Individuals or parties involved in a lawsuit.

Binding Agreement

A legally enforceable contract or agreement between two or more parties with clearly defined terms.