Which of the Following Is Not True Regarding Mediators and Arbitrators

question 33

Multiple Choice

Which of the following is not true regarding mediators and arbitrators?

• A) They are neutral third parties.
• B) Arbitrators make the decision, while mediators help the two parties come to a solution.
• C) They are generally brought in when conflict has become so complex that a more formalized dispute resolution method is needed.
• D) They are generally less expensive than an ombudsman or peer review.

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Definitions:

Product

A good or service offered in the market to satisfy consumer needs or desires.

Promotion

Promotion involves activities designed to communicate the merits of a product or service with the aim to persuade target customers to purchase or consume more.

Financial Resources

Financial resources represent the funds a business has available for use in its operations, including cash, investments, and lines of credit.

Startup

A young company founded to develop a unique product or service and bring it to market.