
Revision
Authored by Zhana Bosco
Business
10th Grade
Used 4+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Select the term from your vocabulary list matches the following definition:
A method of resolving disputes whereby an impartial third party decides on a settlement agreement that is then binding on the parties to the dispute
Mediation
Arbitration
Mediation
Conciliation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Select the term from your vocabulary list matches the following definition:
Similar to mediation except the conciliator can suggest possible solutions
Arbitration
Conciliation
Mediation
Negotiation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Select the term from your vocabulary list matches the following definition:
When a third party helps those involved in a dispute to negotiate a solution acceptable to both sides
Mediation
Negotiation
Conciliation
Arbitration
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Select the term from your vocabulary list matches the following definition:
A method of resolving disputes where the parties involved discuss the issues in an attempt to reach a compromise
Arbitration
Mediation
Negotiation
Conciliation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Select the term from your vocabulary list matches the following definition:
Money set aside during your working life for retirement
Entitlements
Employment contract
Superannuation
Loading
6.
CATEGORIZE QUESTION
3 mins • 1 pt
Organise these options into the right categories (3 answers for each category)
Groups:
(a) Arbitration ADVANTAGES
,
(b) Arbitration DISADVANTAGES
,
(c) Conciliation ADVANTAGES
,
(d) Conciliation DISADVANTAGES
Costly – Can be expensive, similar to court proceedings.
Efficiency – Can be faster than court proceedings.
Relies on Willingness – If one party is uncooperative, resolution may not be reached.
Binding Decision – The outcome is legally enforceable, ensuring compliance.
Less Control – Parties do not negotiate the outcome; the arbitrator decides.
Encourages Cooperation – Helps maintain relationships between parties.
Limited Appeal Rights – The decision is usually final, with little room for appeal.
Less Formal – More flexible and less intimidating than court.
Expert Guidance – The conciliator offers suggestions and expertise to guide a resolution.
Expertise – Arbitrators often have specialised knowledge in the area of dispute.
Non-Binding – The outcome is not legally enforceable unless both parties agree to formalise it.
May Delay Resolution – If unsuccessful, parties may still need arbitration or court action.
7.
CATEGORIZE QUESTION
3 mins • 1 pt
Organise these options into the right categories (3 answers for each category)
Groups:
(a) Mediation ADVANTAGES
,
(b) Mediation DISADVANTAGES
,
(c) Negotiation ADVANTAGES
,
(d) Negotiation DISADVANTAGES
Cost-Effective – No need for legal fees or third-party mediators.
Fast & Flexible – Can be resolved quickly without formal procedures.
Non-Binding – Unless documented, agreements may not be enforceable.
Confidential – Discussions remain private, unlike court cases.
May Lead to Stalemates – If neither side is willing to compromise, resolution is unlikely.
Cost-Effective – Generally cheaper than arbitration or litigation.
Confidential – Discussions remain private, avoiding public disputes.
No Legal Expertise Required – The mediator may not have specialized legal knowledge.
Power Imbalances – One party may dominate the discussion, leading to an unfair outcome.
Power Imbalances – A stronger party may pressure the other into an unfair agreement.
Preserves Relationships – Encourages open communication and compromise.
Non-Binding – The mediator does not make a decision, so parties may walk away without resolution
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
10 questions
Public Mutual Biz
Quiz
•
1st Grade - Professio...
15 questions
Legal Criteria
Quiz
•
10th - 12th Grade
12 questions
SGS Business 1.2.3 Market Segmentation
Quiz
•
9th - 11th Grade
10 questions
Planning Function
Quiz
•
10th - 12th Grade
15 questions
BBB4M
Quiz
•
10th - 12th Grade
15 questions
QUIZ 3 : TOPIC 11 [INCOMPLETE RECORDS & SINGLE ENTRY]
Quiz
•
1st Grade - University
10 questions
Costing Basics - Unit 1 - Introduction 1
Quiz
•
9th - 12th Grade
15 questions
Business Step by Step Quiz
Quiz
•
10th Grade
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for Business
13 questions
BizInnovator Startup - Experience and Overview
Quiz
•
9th - 12th Grade
10 questions
Understanding Stock Market Investing
Interactive video
•
9th - 12th Grade
12 questions
Time Management Lesson
Lesson
•
1st - 12th Grade
20 questions
Review for Business Essentials 2.05
Quiz
•
9th - 12th Grade
