Business Laws

Question Description

I’m working on a business law discussion question and need support to help me learn.

Contract Management Benefits

Please respond to each discussion question below and reference material from this week’s reading, videos, in addition to any personal experience you might have.

Acquisitions (or Purchasing), one of the basic activities common to all organizations, is the process of acquiring goods and/or services from another organization. Based on your experience, videos, and readings, discuss how the contract management benefits an organization in the public and private sectors. Please list at least two benefits and provide specific examples to support your points.

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