What are the possible outcomes of a negotiation or dispute between parties?

Impasse And Alternative Dispute Resolution (ADR)

Quiz
•
Business
•
10th Grade
•
Hard
Syafiqah Nizam
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Only an agreement being reached
Negotiation ending with no agreement
Negotiations reaching an impasse
Both parties realizing they are at an impasse
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is impasse in the context of negotiations?
A point where parties are always in agreement
A point that leads to a method of ADR and then settlement
A point where parties always reach an agreement
A point where parties never engage in negotiations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some common causes of negotiation impasse?
Parties having skilled negotiators
Parties not entrenching in their positions
Parties having no real intention to settle
Parties having a real ZOPA
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is ADR and how is it commonly used?
ADR is an alternative to litigation and is only used in labor-management disputes
ADR is a type of arbitration used in commercial disputes
ADR is an alternative to litigation and is commonly used in a variety of fields
ADR is a type of mediation used in family disputes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the steps involved in the mediation process?
Request by the parties of mediator services, followed by a formal retainer
Facilitation by the mediator, followed by an initial conference
Initial conference to explain role of mediator, followed by scheduling of private meetings
Information gathered by the parties, followed by a settlement
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main difference between mediation and arbitration?
Mediation involves a neutral third party, while arbitration does not
Mediation allows parties to speak to each other directly, while arbitration does not
Mediation results in a final and binding decision, while arbitration does not
Mediation is a private process, while arbitration is a public process
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the Federal Arbitration Act (1925)?
To establish arbitration as the only method of dispute resolution
To eliminate arbitration as a method of dispute resolution
To declare a national policy favoring arbitration over the litigation process
To declare a national policy favoring litigation over arbitration
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