A Mediator

question 30

Multiple Choice

A mediator:

• A) is a neutral third party that helps the union and management negotiators reach a voluntary agreement
• B) must have the trust and respect of both parties if he or she is to have any success
• C) must have sufficient expertise to convince the union and employer he or she will be fair and equitable
• D) has no power to impose a solution, he or she can only facilitate
• E) is accurately described by all of the above

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Definitions:

Discount Rate

The rate at which future cash flows are discounted back to their present value in DCF analysis.

Grow

To increase in size, number, or importance over a period of time.

Inherited

Received or passed down by inheritance, referring to assets, traditions, genetic traits, or conditions transferred from one generation to the next.

Monthly

Occurring or done once every month.