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Explain the "portfolio treadmill" effect and what it means for a firm that wishes to sustain growth.
Alternative Dispute Resolution
A range of processes, such as mediation and arbitration, used to resolve conflicts outside of traditional judicial proceedings.
Conciliation
Conciliation is a conflict resolution process where a neutral third-party helps disputing parties to reconcile and reach a mutually satisfactory agreement, often through improving communication and understanding.
Arbitration
A form of dispute resolution where a neutral third party makes a binding decision to resolve a conflict between parties.
Facilitation
The process of making something easier or less difficult to do or achieve.
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