__________ Is an Informal Process in Which a Neutral Third

question 12

Multiple Choice

__________ is an informal process in which a neutral third party assists the opposing parties to reach a voluntary,negotiated resolution of a charge of discrimination.

• A)Retaliation
• B)Discrimination
• C)Arbitration
• D)Validation
• E)Mediation

---

Definitions:

Entire Market

The total sales volume of all competitors within a particular industry or sector.

Demand Conditions

Refers to the nature and scale of demand in the industry which affects the competitiveness and strategy of firms.

Potential Competitors

Firms or individuals that are not currently in the market but have the ability to enter and compete in the future.

Oligopolistic Industry

A market structure characterized by a small number of firms dominating the market, leading to strategic interactions in pricing and output.