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Why is risk management crucial in successfully executing a sourcing agreement? 2. Explain what a win-win agreement is.Then consider the fact that in cost plus

  1. Why is risk management crucial in successfully executing a sourcing agreement?

2. Explain what a win-win agreement is.Then consider the fact that in cost plus contracts the client carries the risk while in fixed price contracts the provider carries the risk. How can these contracts satisfy the goal of achieving a win-win for both parties?

3. Consider a time in your life where you needed to implement change. Use the three steps of the Lewin-Schein model for managing change - unfreezing, change and refreezing - to describe it. What did you learn from it?

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