party to settle their disagreement. This is called binding
arbitration when the parties also agree to abide by the arbitra-
tor's decision.
assembly line: a manufacturing system in which parts
are assembled bymoving them from one worker or machine to
another.
assets: things (something of value) a company
controls, which usually means it owns these items. A car
company's assets would include everything from computers
used by the accounting department to cars not yet sold, to the
factory where the autos are made. Items must have value and
must have been obtained for a measurable cost; broken
computers that can't be repaired don't count, nor does a
company's reputation.
