How does impact of legal requirements related to contracts


Assignment

1. What is an integrated supply chain and how does it differ from the traditional idea of a supply chain?

2. What are "economic-related adjustments" in the context of global pricing? How do those adjustments affect global pricing and selling processes, and why are they necessary?

3. The successful partnership pyramid discussed in the lesson is a mixture of inputs (factors that have to be considered) and outputs (things resulting from combining the inputs). In an essay, separate the individual aspects of the successful partnership pyramid into inputs and outputs and explain why each aspect of the pyramid is an input or an output.

4. What are the three major categories of resources for a business organization affected by the contract management process?

5. Why is source selection, deciding which potential supplier for a good or service a business needs, such an important decision in the contract management process?

6. Some of the best practices in contract management focus on contract variances and say that significant variances in performance of the contract should be identified and the causes of the variances identified. How can a business use the contract management process to identify and determine the cause of contract performance variances?

7. How does the impact of legal requirements related to contracts for e-procurement affect the processes businesses use both in the United States and globally?

8. How has the Uniform Commercial Code changed common law principles related to contracts?

9. Would procurement contracts be affected by the UCC and the United Nations Convention on Contracts for the International Sale of Goods? Explain.

10. Sellers who receive a solicitation from a buyer or who learn of a buyer's needs must make a bid/no-bid decision. What factors should such a seller consider when making a bid/no-bid decision for pricing contracts?

11. If a fixed-price contract pricing agreement specifies the price that will be paid to the seller, how can incentives be used to encourage improved performance by the seller under such a contract pricing agreement?

12. How can sellers use market research in deciding whether to pursue a contract pricing agreement with a specific buyer for creating pricing contracts?

13. What is alternative dispute resolution, and how can it be used to improve the effectiveness of global contract management?

14. How is value-based pricing used to improve value to buyers for global contract management? Why must sellers be very careful when using value-based pricing?

15. In the contract management maturity model for sellers, how do the actions taken by a seller in the bid/no-bid decision level affect the seller's actions in the bid or proposal preparation level? Should a seller consider what will be involved in the bid or proposal preparation level when considering what action to take in the bid/no-bid level?

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Supply Chain Management: How does impact of legal requirements related to contracts
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