Advantages of Alternative Dispute Resolution (ADR)include

question 7

Multiple Choice

Advantages of Alternative Dispute Resolution (ADR) include:

• A)ADR is faster than litigation.
• B)ADR keeps the parties talking rather than fighting.
• C)ADR is less expensive than litigation.
• D)All of these are advantages of ADR.

Explain the four functions of management and Mintzberg's managerial roles.

Comprehend the impact of globalization on job migration and strategies to address it.

Understand the hierarchical structure and the dynamics within business organizations.

Recognize the significance of networks and networking in contemporary organizational structures.

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Definitions:

Altruistic Punishment

The phenomenon where individuals punish wrongdoers at a personal cost to themselves without direct benefit, to enforce societal norms or cooperative behavior.

Groupthink

A psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Lifelines

Lifelines refer to crucial means of assistance or support that can be relied upon in difficult times, often vital for survival or solving problems.

Brainstorming

A group creativity technique designed to generate a large number of ideas for the solution of a problem.