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Key Terms Instructions: Please Define the Following Key Terms

question 47

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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
pluralistic


Definitions:

Cost of Arbitration

The financial expenses associated with arbitrating disputes, including fees for arbitrators, administrative costs, and any other relevant expenses pertaining to the arbitration process.

Split

A division or separation into two or more parts, factions, or groups, often used to describe splits within organizations or political entities.

Management and Union

A dynamic relationship between company executives or administration and the organized workforce's representatives aimed at negotiating work terms.

Contract Language

The specific wording used within a contract that precisely defines the obligations, rights, and terms between the parties involved.

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