Examlex
Which of the following best describes a professional code of ethics?
Binding Arbitration
A dispute resolution process where an impartial third party makes a decision that is legally binding on both sides involved in the dispute.
Zero-Sum Game
A situation in which one party’s gain is exactly balanced by another party's loss, ensuring that the total value in the system remains unchanged.
Wage Increases
Adjustments to employees' salaries, typically upward, often as a result of negotiations between employers and employees or their representatives.
Safety Standards
Regulations and guidelines designed to ensure the health and safety of workers in their workplace environment.
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