QUESTION $330$ MARKS

$3\mathrm{.}1$ Explain the importance of legal and contractual management in supplier

relationships. Discuss the key elements that should be included in supplier

contracts to mitigate legal risks and ensure compliance.

$(10)$

$3\mathrm{.}2$ Evaluate the impact of contractual breaches on supplier relationships and business

operations. Discuss strategies for preventing and addressing breaches effectively.

$(10)$

$3\mathrm{.}3$ Discuss the role of alternative dispute resolution mechanisms in resolving conflicts

in supplier relationships. Compare and contrast arbitration, mediation, and

negotiation as methods for resolving disputes, highlighting their advantages and

limitations