In arbitration, what do leaders of the labor union and the representatives of company management agree to?(1 point)
Responses
to negotiate with one another and to understand that management reserves the right to make binding decisions for both parties
to negotiate with one another and to understand that management reserves the right to make binding decisions for both parties
to negotiate with one another and to understand that the labor union reserves the right to make binding decisions for both parties
to negotiate with one another and to understand that the labor union reserves the right to make binding decisions for both parties
to bring a third party into their negotiations who has the ability to make binding decisions
to bring a third party into their negotiations who has the ability to make binding decisions
to bring a third party into their negotiations who will help them negotiate, but who does not have the power to make binding decisions
to bring a third party into their negotiations who will help them negotiate, but who does not have the power to make binding decisions
The correct answer is:
to bring a third party into their negotiations who has the ability to make binding decisions
In arbitration, the leaders of the labor union and the representatives of company management typically agree to negotiate with one another. However, the specific terms of the agreement can vary. Here are the explanations for each option provided:
1. to negotiate with one another and to understand that management reserves the right to make binding decisions for both parties:
Under this agreement, both the labor union and management acknowledge that negotiations will take place, but ultimately, management holds the authority to make binding decisions on behalf of both parties.
2. to negotiate with one another and to understand that the labor union reserves the right to make binding decisions for both parties:
In this case, the agreement states that while negotiations will occur, the labor union has the power to make binding decisions on behalf of both parties.
3. to bring a third party into their negotiations who has the ability to make binding decisions:
This agreement involves the inclusion of a third party who has the authority to make final binding decisions. This mediator or arbitrator assists in resolving the dispute between the labor union and management.
4. to bring a third party into their negotiations who will help them negotiate but who does not have the power to make binding decisions:
Under this agreement, a third party is involved, but they do not possess the authority to make binding decisions. Their role is solely to assist in facilitating the negotiation process between the labor union and management.
The actual terms of the agreement will depend on the specific circumstances and the parties involved in the arbitration.