The Major Advantage of Mediation Over Arbitration Is That It

question 6

True/False

The major advantage of mediation over arbitration is that it always results in a settlement.

---

Definitions:

Supply Chain

A global network of organizations and activities that supplies a firm with goods and services.

Disaster Risk

The potential loss or damage that may result from interactions between natural or human-induced hazards and vulnerable conditions.

Number of Suppliers

Refers to the total count of distinct suppliers that a company uses or maintains relationships with for procuring goods or services.

Unique-Event Risk

Risk associated with a specific and non-recurring event that can affect the outcome of a project or investment.