___ Refers to the Most Affluent Countries in the World

question 248

Multiple Choice

___ refers to the most affluent countries in the world.

• A) Developed countries
• B) Developing countries
• C) Collective cultures
• D) Individualistic cultures

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Definitions:

Alternative Dispute Resolution

A range of processes and techniques used to resolve disputes without traditional litigation, including mediation and arbitration.

Arbitration

A method of dispute resolution where a neutral third party renders a decision, which is usually binding.

Mediation

A form of alternative dispute resolution where a neutral third party helps conflicting parties to reach a mutually satisfactory agreement.

Conciliation

A method of alternative dispute resolution where a conciliator helps parties in a dispute to reach a mutually satisfactory agreement to resolve their issues.