Major differences between negotiation-mediation-arbitration

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What are the major differences between negotiation, mediation, arbitration, and litigation? Make a chart showing each one's advantages and disadvantages and justify why and when you would use each one.

Present your views in approximately 250 words in your initial discussion post. Respond to at least two of your peers' posts. Utilize the course text, weekly lecture, and at least one other scholarly source. Remember to properly cite your sources.

Reference no: EM131049946

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