The types of third party negotiation, known as arbitration, includes?
Correct answer: D. all of above
- A. non-binding arbitration
- B. interest arbitration
- C. non-binding arbitration
- D. all of above
Explanation
Arbitration may be non-binding, where the decision is advisory, or interest arbitration, where the arbitrator helps determine terms for a new agreement. Both are listed, so the intended answer is all of the above.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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