Which of the Following Is NOT an Organizational Benefit of Using

question 39

Multiple Choice

Which of the following is NOT an organizational benefit of using arbitration to resolve an employer-employee discrimination complaint?

• A) With arbitration, time delays can be avoided.
• B) With arbitration unfavourable publicity can be avoided.
• C) Arbitration does not involve anyone external to the organization.
• D) Arbitration usually results in savings in litigation costs.

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Definitions:

Financial Advantage

The benefit gained in financial terms from a particular action or situation, often measured in terms of profit, savings, or net worth.

Practical Capacity

The maximum output that a company can produce in a real-life scenario, taking into account planned maintenance, breaks, and other non-operational activities.

Variable Cost

A cost that varies, in total, in direct proportion to changes in the level of activity. A variable cost is constant per unit.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.