Final answer:
Conciliation is the process by which a neutral third party assists disputing parties in reaching a mutually acceptable resolution, distinguishing it from other methods like litigation or direct negotiation.
Step-by-step explanation:
Conciliation is a process where a neutral third party helps parties in dispute to reach a mutually acceptable agreement. This conflict resolution method is an alternative to other forms such as litigation, which involves a judge making a final decision, or direct negotiation between parties. Accessible and impartial dispute resolution is crucial as it ensures that justice is delivered in a timely manner by competent, ethical, and independent representatives. For example, in negotiated rulemaking, neutral advisors or convenors bring together stakeholders to find a consensus on new rules, often with the assistance of mediators. In the political sphere, bargaining is commonly used to navigate the power dynamics and differing interests involved in resolving disputes.