In arbitration, what do leaders of the labor union and the representatives of company management agree to? (1 point)
to bring a third party into their negotiations who has the ability to make binding decisions
to negotiate with one another and to understand that management reserves the right to make binding decisions for both parties
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 negotiate with one another and to understand that the labor union reserves the right to make binding decisions for both parties