Examlex
One major difference between effective, creative problem solvers and other people is that creative problem solvers are less constrained in both defining the problem and developing solutions.
Final Offer Arbitration
A dispute resolution process where each party presents their final offer, and the arbitrator chooses one, without the option for modification.
Conventional Arbitration
A dispute resolution process where a neutral third party makes a binding decision to resolve a conflict between parties, typically used when other forms of negotiation have failed.
Negotiate
The process of discussing terms and conditions between parties with differing interests to reach a mutually acceptable agreement or compromise.
Bargaining Impasse
A situation in labor negotiations where the employer and the union are unable to reach an agreement, often leading to a deadlock.
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