Consider the different suppliers

Which one would you select? Why?

$8.$ b$.$

What type of contract would you use? Why?

$2.$ Risks and rewards in this case

a$.$ What are the risks?

b$.$ What are the rewards?

c$.$ How can you balance these risks. and rewards?

$3.$ Contract preparation and negotiation for this case;

a$.$ How to prepare a contract?

b$.$ How to negotiate a contract?

$4.$ Senior management is asking you to create a draft contract. Based on the inform ation within th

a$.$ Which elements would you include within the draft contract?

b$.$ Why?

$5,$ Senior m anagem ent would Like your guidance on how to handle any

a$.$ contractual mistakes

b$.$ disputes; and

C breach of contract that may arise.