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Senior executives and contract management

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a. How do senior executives play an essential role in contract management?

b. Why do senior executives play an essential role in contract management?

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Solution Summary

The senior executives and contract managements are examined. Why senior executives play an essential role in contract management are determined.

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Senior executives play an essential role in contract management by ensuring that the terms of any contracts within their organization are negotiated to be as advantageous to their organization as possible. This essentially means that senior executives ensure that only advantageous and profitable contract agreements are utilized by the ...

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