The courts do not provide swift justice. They are very slow, allow for parties to delay and waste time, and redress through the courts can involve the use of qualified lawyers who charge significant sums of money. This system benefitsthe rich and those who have the resources to wait for an outcome/ award to be made. The Alternative Dispute Resolution Methods (ADR) sought to redress the balance of power and provide a speedy , cost -effective , and informal mechanism to resolve business disputes.   Critically assess the statement given and comment on whether ADR methods provide the advantages identified, compared with the traditional court system.?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question
100%

The courts do not provide swift justice. They are very slow, allow for parties to delay and waste time, and redress through the courts can involve the use of qualified lawyers who charge significant sums of money. This system benefitsthe rich and those who have the resources to wait for an outcome/ award to be made.

The Alternative Dispute Resolution Methods (ADR) sought to redress the balance of power and provide a speedy , cost -effective , and informal mechanism to resolve business disputes.

 

Critically assess the statement given and comment on whether ADR methods provide the advantages identified, compared with the traditional court system.?

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Civil rights
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON