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Definition: Mediation is an alternative form of dispute resolution (compared to using lawyers, a court etc.) between two or more parties, in which a mediator, a neutral and independent third party, prepares, facilitates and assists the parties to negotiate a settlement. |
Learn more about Mediation More on conflict resolution: Arbitration, Disagreeing, Favoritism, Nonviolent Communication. You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
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