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The final step of the grievance procedure is arbitration by an impartial third party.
Mismanaged
Mismanaged refers to poor or inefficient management, where resources, tasks, or operations are not handled appropriately, leading to suboptimal outcomes.
Effectiveness
The degree to which something is successful in producing a desired or intended result, often measured against specific goals or standards.
Relevant Cost
A relevant cost is a cost that will be affected by a decision in the future and is important in business decision-making processes.
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