Which of the Following Best Defines Final-Offer Arbitration

question 26

Multiple Choice

Which of the following best defines final-offer arbitration?

• A)After a short strike, the union offers a final contract to the firm which the firm must accept.
• B)An arbitrator produces a contract that the union and firm are both encouraged to accept.
• C)Final-offer arbitration occurs when the firm threatens to shut-down unless the union accepts the firm's final offer.
• D)An arbitrator chooses the firm's last offer or the union's last offer, and both sides must abide by whichever contract is chosen.
• E)An arbitrator facilitates a discussion between the union and firm after the cool-down period has expired.

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Definitions:

Intrinsic Motivation

The drive to engage in activities for their own sake and personal rewards, rather than for external rewards.

General Cognitive Ability

The overall capability of the brain to think abstractly, understand complex ideas, solve problems, and learn from experience.

Complex Tasks

Tasks that involve multiple steps, variables, or components, requiring advanced skills or thought processes.

General Cognitive Ability

The overall mental capability involving reasoning, problem-solving, planning, abstract thinking, complex idea comprehension, learning from experience, and more.