Question: Consider the different suppliers Which one would you select? Why? 8 . b . What type of contract would you use? Why? 2 . Risks

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.

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