In arbitration, dispute parties no longer accord with agreement, willing to change the existing agreement, known as?

Related Mcqs:

1. The kind of arbitration, which is also known as contract interpretation arbitration is?

   A. binding arbitration
   B. non-binding arbitration
   C. interest arbitration
   D. rights arbitration

2. The kind of arbitration in which parties are not committed to accept the award of arbitrator is classified as?

   A. binding arbitration
   B. non-binding arbitration
   C. interest arbitration
   D. rights arbitration

3. The kind of arbitration in which parties are committed to accept the award of arbitrator, can be best classified as?

   A. binding arbitration
   B. non-binding arbitration
   C. interest arbitration
   D. rights arbitration

4. The neutral party who negotiates the issues in agreement dispute, makes a reasonable settlement by giving public recommendation is classified as?

   A. mediation
   B. impasse
   C. fact finder
   D. arbitration

5. The types of third party negotiation, known as arbitration, includes?

   A. non-binding arbitration
   B. interest arbitration
   C. non-binding arbitration
   D. all of above

6. The kind of bargaining, in which both parties make every possible effort to negotiate and communicate for an agreement, called?

   A. good faith bargaining
   B. distributive bargaining
   C. descriptive bargaining
   D. collective bargaining

7. The job schedules in which the employees can work for fewer days, but, for longer time in each day are classified as?

   A. deferred work week
   B. compressed work week
   C. flexible work week
   D. stable work week

8. The strategy employers follow to vacate a position where the employee is no longer needed is included in?

   A. promotions
   B. transfers
   C. reality shock
   D. formal training

9. The validity test that focused on comparing test scores of already existing employees to a measure of their job performance, is?

   A. concurrent validity
   B. predictive validity
   C. criterion validity
   D. content validity

10. Which are not related to firm’s existing business in adding new product lines?

    A. related diversification
    B. conglomerate diversification
    C. diversification
    D. all of above