Examlex
Ralph Richards has been attempting to solve a problem that his company has with a contract default by the Dutch government.He has tried conciliation but the two parties could never find any common ground on which to begin a fruitful negotiation for settlement.Which of the following will most likely be the course of action that both of the two parties will try next?
Quick Resolutions
The rapid settlement or conclusion of a dispute, issue, or problem, aiming for efficiency and minimal disruption.
Collective Agreement
A written contract negotiated through collective bargaining by and for employees with their employer, detailing wages, hours, and working conditions.
Final Approval
The last step in a process where an authority or body confirms or agrees to a proposal, plan, or transaction, making it official or legally binding.
Top Managers
Describes individuals who hold the highest level of managerial positions within an organization, responsible for setting strategic goals and making critical decisions.
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