When all parties seriously want a win-win solution and have enough time, competition is the best strategy for conflict resolution.
A peaceful resolution to a difference of opinion between two or more parties is possible through conflict resolution. The difference of opinion could be emotional, financial, political, or personal. Negotiation is frequently the best line of action to settle a conflict when one occurs.
The most well-known forms of ADR, or alternative dispute resolution, include negotiation, mediation, and arbitration. These procedures should be taken into account whether you are involved in a family or neighborhood conflict, a lawsuit for thousands of dollars, or both.
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