Distinguish between the processes of meditation, conciliation and arbitration. Identify where negotiations fits into the dispute resolution process.

Meditation, conciliation, arbitration, and negotiation are all methods of dispute resolution, but they differ in their processes and outcomes.

1. Meditation: This is a process where a neutral third party, known as a mediator, helps the disputing parties to reach a mutually satisfactory resolution. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.