What term refers to an attempt to help two or more parties reach an agreement?

What term refers to an attempt to help two or more parties reach an agreement?

• A. Mentor
• B. Mentee
• C. Mediation
• D. Merger

Answer: (C)

Mediation is the process in which a neutral third party helps two or more parties reach an agreement. The mediator facilitates communication, clarifies underlying interests, and helps parties explore options without making decisions for them. This approach is typically voluntary and nonbinding unless the parties decide to formalize a deal, and it’s commonly used in workplace disputes to preserve working relationships and avoid more formal proceedings. Mentor and mentee describe a developmental relationship where one person guides the other's learning or career growth, not a structured effort to resolve a dispute. A merger is a business combination where two or more companies join to form one entity. So the term that best fits the idea of assisting parties to reach an agreement is mediation.

Mediation is the process in which a neutral third party helps two or more parties reach an agreement. The mediator facilitates communication, clarifies underlying interests, and helps parties explore options without making decisions for them. This approach is typically voluntary and nonbinding unless the parties decide to formalize a deal, and it’s commonly used in workplace disputes to preserve working relationships and avoid more formal proceedings.

Mentor and mentee describe a developmental relationship where one person guides the other's learning or career growth, not a structured effort to resolve a dispute. A merger is a business combination where two or more companies join to form one entity. So the term that best fits the idea of assisting parties to reach an agreement is mediation.