List the Four Types of New York Stock Exchange Members

question 102

Essay

List the four types of New York Stock Exchange members and give a brief definition of what each member does.

---

Definitions:

Dismissal

The act of formally terminating an employee's contract with the organization, usually due to performance issues or workplace infractions.

Mediation

A conflict resolution method where a neutral third party facilitates dialogue between disputing parties to help them reach an agreement.

Formal Process

A structured method of operations that follows a defined sequence of steps, often documented and standardized.

Step-review Systems

A structured process for evaluating an employee's performance using a series of progressive steps or stages.