The Impact of Dispute Resolution on Business Relationships

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2024-08-09 08:59:25 -

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Introduction One of the major determinants that will keep business relationships healthy is a dispute resolution mechanism. The manner in which these disputes are resolved, be it by negotiations, mediation, arbitration, or before a court, will greatly set the precedence of interactions and work relationships in the future. This paper discusses how effective dispute resolution might adversely or positively affect business relationships. Positive Impact of Effective Dispute Resolution Relationship Preservation…

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