The management and labor union at a snack foods manufacturing plant are struggling to reach an agreement regarding benefits. They bring in a neutral third party to settle their dispute. The third party's solution is legally binding and enforceable. Thus, the third party is a(n)

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In this scenario, the third party is an arbitrator. Arbitration is the settlement of a labor/management dispute by a third party whose solution is legally binding and enforceable.

The Management and Labor Union at a Snack Foods Manufacturing