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features of a contract management methodology

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Describe, in detail, the features of a contract management methodology. Explain how this would benefit a company in today's economy.

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This solution includes a description of the various features of a contract management methodology and an explanation of how this would benefit a company in today's economy.

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Every organization should have a logical and organized, yet flexible, process by which business operation projects are completed. This process often includes using a bid or negotiation process to create a specific business relationship with vendors or suppliers. An effective contract management methodology thoroughly addresses ...

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