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CHRP Knowledge Exam · Question

When a union and management reach an impasse in negotiations, what is the process where a third party makes a binding decision?

Arbitration involves a neutral third party hearing both sides and imposing a final, binding decision on the dispute.

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Question: When a union and management reach an impasse in negotiations, what is the process where a third party makes a binding decision?

Answer options:

  • Mediation
  • Conciliation ✅ Arbitration
  • Fact-finding

Correct answer: Arbitration

Explanation: Arbitration involves a neutral third party hearing both sides and imposing a final, binding decision on the dispute.

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