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Legal Environment of Business (MGT 215) In this assignment each student will write about the concepts presented in the table below. It is preferable if students explain the concept with practical cases. The last date of the assignment is Thursday, October 22, 2020 at 3pm. The assignment can be submitted electronically to the BlackBoard only. SN Concepts Litigation 1 What is this? 2 What is the process? Or stages involved 2 Advantages and 2 Disadvantages Arbitration What is this? What is the process? Or stages involved 2 Advantages and 2 Disadvantages Mediation What is this? What is the process? Or stages involved 2 Advantages and 2 Disadvantages Negotiation 3 4 What is this? What is the process? Or stages involved 2 Advantage and 2 Disadvantages