Question
Question 3. Answer the following sub questions on software contracts. a) Lawyers are expensive but they are indispensable when organizations try to obtain IT services
Question 3.
Answer the following sub questions on software contracts.
a) Lawyers are expensive but they are indispensable when organizations try to obtain IT services from a third party provider. What is the case for engaging a legal team to assist with contracts? [5 marks]
b) Identify and briefly describe FOUR (4) legal contracts that can be signed between an organization and a vendor for using software hosted in the cloud and discuss the purpose for each one of them. [5 marks]
c) In negotiating with third party service providers, how can an organization maintain a favorable negotiating position? Identify and briefly explain the best strategy an organization can take to achieve the best outcome through negotiation. [5 marks]
d) Discuss briefly the reasons for managing contracts and list with explanations FIVE (5) tasks related to contract management. [5 marks]
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