Definition: Mediation is an alternative form of dispute resolution (compared to using lawyers, a court etc.) between two or more parties, in which a mediator, a neutral and independent third party, prepares, facilitates and assists the parties to negotiate a settlement. |
More on conflict resolution: Arbitration, Disagreeing, Favoritism, Nonviolent Communication. MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
© 2024 MBA Brief - Last updated: 21-11-2024 - Privacy | Terms