Negotiations over certain key provisions of a new labour contract have become heated, and before tensions escalate even more, management has proposed bringing in a neutral third party who will hear both sides and suggest ways in which the parties might be able to compromise and reach a mutually satisfactory agreement. What is this third party called?
A) negotiator
B) arbitrator
C) mediator
D) ratifier

Question

Quizplus · Accepted Answer

A mediator is a neutral third party who helps facilitate negotiations between two or more parties in order to come to a mutually satisfactory agreement. Arbitrators are also neutral third parties, but they make binding decisions instead of just facilitating negotiations. Negotiators are typically representatives of one of the parties involved in negotiations. Ratifiers are individuals or groups who approve or authorize a decision, but they are not involved in the negotiation process.

Negotiations Over Certain Key Provisions of a New Labour Contract