A process to resolve a dispute between negotiating parties who have reached a deadlock in their negotiation. The parties in dispute are referred to a ‘third party’, which is one that is either agreed upon by the parties in dispute, or as provided by legislated law. The third party renders a judgement that is binding on the parties in dispute. Arbitration is often used in international negotiations and in collective bargaining.
Procurement Negotiation Training
Contract negotiation skills for buyers. Achieve big savi...
"The case studies were well chosen and crafted to meet our specific work field's specia..."