Examlex
Some of the advantages Netflix had over companies like Blockbuster and Wal-Mart in successfully competing in the mail order DVD rental business include all of the following except
Arbitration
Arbitration is a method of dispute resolution where a neutral third party, known as an arbitrator, makes a decision to resolve a dispute outside of court.
Mediation
A type of intensive negotiation in which disputing parties select a neutral party to help facilitate communication and suggest ways for the parties to solve their dispute.
Early Neutral Case Evaluation
A dispute resolution process where a neutral party assesses the strengths and weaknesses of a case early in litigation to facilitate settlement.
Neutral Third Party
A neutral third party is an independent entity with no stake in the outcome, often involved in mediation or arbitration processes to provide unbiased judgment or facilitate settlements.
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