Examlex
Formal organizational communication is more important that informal organizational communication.Why?
Third Party
An individual or entity that is not directly involved in a transaction or agreement but may be affected by it or have an interest in its outcome.
Settlement
An agreement reached between parties in a dispute, often involving payment or other terms, to resolve the dispute without further litigation.
Good Faith
Acting with honesty and integrity.
Collective Bargaining
A procedure for settling terms and conditions of employment by negotiation between an employer and its employees as expressed through representatives chosen by them.
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