The management at Tool Works, a tool manufacturer, is involved in a dispute with the union members representing its employees. The union members want a pay raise, but the management is not ready to approve the pay increase. Failing to arrive at a compromise, the disputing parties involve a third party to resolve the issue and offer a solution that is legally binding. The third party in the given scenario best represents a(n)
A) mediator.
B) arbitrator.
C) conciliator.
D) strikebreaker.
E) scab.

Question

Quizplus · Accepted Answer

The third party in the given scenario best represents an arbitrator. Arbitration is the settlement of a labor/management dispute by a third party whose solution is legally binding and enforceable.

The Management at Tool Works, a Tool Manufacturer, Is Involved