Which Third-Party Intervention Uses a Neutral Third Party to Assist

question 109

Multiple Choice

Which third-party intervention uses a neutral third party to assist the principals in reaching agreement?

• A)fact finding
• B)mediation
• C)binding arbitration
• D)non-binding arbitration

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Definitions:

Average Service Time

The mean duration needed to complete service for a customer or process a task, commonly used in the evaluation of service and operational efficiency.

Service Factor

A multiplier used in engineering and operations management to account for potential variability in demand or capacity, ensuring systems can handle peak loads.

Violate

To break or fail to comply with a rule or formal agreement.