Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
Write a 4 page essay on Dispute Resolution: The Dynamics of Conflict Resolution.An example of such a firm is the Kaloti Jewellery International and an audit firm by the name Ernst & Young. The dispute
Write a 4 page essay on Dispute Resolution: The Dynamics of Conflict Resolution.
An example of such a firm is the Kaloti Jewellery International and an audit firm by the name Ernst & Young. The dispute arose after the audit firm realized that he Kaloti had been making cash and illegal transaction in the acquisition of its gold inputs. It has been incorporated in the Arab countries since the Ottomans era when the Sharia law. The policy was used to oversee conflicts that were mostly business in nature. They call for dispute resolution using legally appointed arbitrators. Since then, the U.A.E government has adopted the use of arbitration in conflict resolutions. In the case of Ernst & Young and Kaloti, the use of an arbitrator would be a good solution since the organization would make rational decisions on behalf of the country. Various organizations offer arbitration services in the U.A.E. The Dubai Multi Commodities Centre (DMCC) would in this case act as the arbitrator since it deals with the control of metal purchases and sales in the U.A.E. Its purpose is to monitor the situation and get advice from both parties. The data should be analyzed and classified in various sectors and scrutiny of the audit books to verify the information provided by Ernst & Young (Hamdan and Pearson, 2014). Case evaluation should be the core process that is used to solve the issue. Without a clear comprehension of the situation, organizations such as Kaloti may seem to benefit from the situation. However, the process has to be voluntary to clear any personal differences between the organizations. Kaloti argues that all the provided data valid and that all truncations were held legally. However, the audit firm has proof on some of the dishonest purchases of gold bars from an African country. The case can be closed through Kaloti’s acceptance of the purchases and face legal action in the end.
