StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Contract Management Challenges and Practical Solutions - Research Paper Example

Comments (0) Cite this document
Summary
The author of this paper "Contract Management Challenges and Practical Solutions" comments on the method of conducting business that is somewhat different from the traditional methods because of the introduction of advanced technological advancements…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.9% of users find it useful
Contract Management Challenges and Practical Solutions
Read TextPreview

Extract of sample "Contract Management Challenges and Practical Solutions"

Download file to see previous pages In early days, mailing bunch of paper materials and letters were quite common. Nowadays, advanced technological advancements have certainly changed the perception of individuals and enabled them to keep pace with the changing world. In general, electronic submission is regarded as the process based on which documents are submitted through varied electronic means. The internet medium has certainly become one of the best electronic means through which one can easily transfer the document from one place to another with saving much amount of time (Rush University, n.d.).
In the context of building model airplanes into a small business, which produces small remote control aircraft that are capable of long sustained flights, the electronic submission process can be carried out through internet medium as an essential communication component. It will be vital to mention in this similar concern that the aforesaid mean of electronic submission process eventually contributes in preparing as well submitting various essential documents electronically, resulting in simplifying the contract process between the two parties (Rush University, n.d.).
Specially mentioning, the security measures present in the above-discussed business approach are quite important to be taken into concern with the intention of effectively submitting a particular offer along with getting accepted the same. It is quite obvious that the submission of important documents over the internet or web always generates certain threats that might create greater complexities in the operational procedures. In this regard, the measures include following the solicitation instructions carefully and reviewing the same with utmost efficiency among others (Rush University, n.d.). The advantages over classic paper solicitations can be measured in the form of appropriately responding as well as completing the solicitation and efficiently reviewing the similar procedure for generating several favorable results.   ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Contract Management Challenges and Practical Solutions Research Paper, n.d.)
Contract Management Challenges and Practical Solutions Research Paper. Retrieved from https://studentshare.org/management/1653093-gsa-wants-you
(Contract Management Challenges and Practical Solutions Research Paper)
Contract Management Challenges and Practical Solutions Research Paper. https://studentshare.org/management/1653093-gsa-wants-you.
“Contract Management Challenges and Practical Solutions Research Paper”, n.d. https://studentshare.org/management/1653093-gsa-wants-you.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Contract Management Challenges and Practical Solutions

Human resource management challenges in knowledge-intensive sectors and solutions

...?Human resource management challenges in knowledge-intensive sectors and solutions Human resource management (HRM) is of crucial importance for the optimum functioning of the organisation, irrespective of whatever sector they operate in. As the organisations in all the sectors including knowledge-intensive sectors will have humans or employees, human resource management is inevitable. With the organisations in the knowledge intensive sectors maximally dependent on the employees and their intellectual assets than other sectors like manufacturing, service, etc., (which could have use of infrastructures and machineries), HRM has to play a major role to solve...
10 Pages(2500 words)Essay

E-Commerce Challenges and Solutions

...?E-Commerce Challenges and Solutions Table of Contents E-Commerce Challenges and Solutions Table of Contents 2 Introduction 4 Cutting Edge Technology of E-Commerce 5 Ethical Challenges of E-Commerce 6 Privacy Issue 6 Computer Crimes 6 Hacking 7 Cyber Theft 7 Computer Viruses 8 Other Ethical Challenges 8 Employment Challenges 8 Computer Monitoring 9 Challenges to Individuality 9 Problem Regarding Information Security 10 Problem Encountered in E–Commerce 11 Hacking Problem in E-Commerce 11 Virus and Worm Problem in E–Commerce 12 Privacy Problem in E–Commerce 12 Phishing Problem in E–Commerce 13 Fraudulent...
11 Pages(2750 words)Research Paper

Challenges of Mid-level Management

...? Challenges of Mid-Level Management Challenges of Mid-Level Management In many organizations, there are issues that are likely toaffect the daily operations of the business. In health care, for example, the public sector is faced with a number of challenges that arise occasionally. To prevent or reduce the cases that come up regularly, it has become a common occurrence to hire managers and specialists to handle such situations. This is to find feasible solutions for these problems, and assist in bringing the organization to the expected level of operation (Wheatley, 2006). Professionalism is required in the health care...
6 Pages(1500 words)Essay

CONTRACT MANAGEMENT

...with the investments made by government towards the development of technological factors as well as their economic production capacity on the whole. Additionally, the free trade agreements have assisted the US manufacturing corporations to conduct trade activities successfully. The employees of the manufacturing firms were also contracted on a permanent basis being offered with better training facilities in order to develop their competencies (Harris & Moore, 1992). The development of trade and technology has undoubtedly changed the firm structure as well as management practices in order to cope up with the changing and competitive business environment. Nowadays, the employers can be...
14 Pages(3500 words)Essay

Contract management and contract law

...?Contract management and contract law Executive Summary Law is an essential part of any business. A business without proper legal framework seems to be null and void. A legally acceptable business is the one which is conducted keeping in mind the prevalent law of the country to which the business belongs. Law should be enforced in a business as it deals with lot of risk factors. Also business involves a lot of stakeholders related to the operations of the business namely the manufacturer, dealer, customer, shareholder and the employees. These stakeholders should get the perception that they are attached to a lawful business which offers them a sense of security. Thus in the following...
13 Pages(3250 words)Essay

Electronic money challenges and solutions

...number are electronically sent to Visa and Master Card systems which search the extensive databases that are maintained in these systems to verify the details of card and customers. Upon successful verification, approval is sent back to the requesting terminal (Federal Reserve Bank of Chicago, 2000). 5. Industry's Best Practices and International Benchmarks Realizing the importance of online transactions and payment systems, a number of best practices, benchmark standards and e-commerce laws and regulations have come in to effect. Two most popular standards for information security over the electronic payment systems include ISO27001 Information Security Management System, which is...
7 Pages(1750 words)Essay

Challenges, solutions, benefits

...4 November A Summary of Rapid Response Team: Challenges, Solutions, Benefits In an attempt to increase the quality of healthcare service in the country, and to reduce the number of avoidable deaths, health centers and administrators have been trying so hard in order to come up with a systematic method that will provide effective strategies for critical hospital situations. Several factors contribute to failure to provide high-quality care: “increasing acuity levels of patients, rapid admission and discharge cycles, and the national shortage of nurses” (Thomas et al., 20). The caregiver’s ability to keenly recognize changes in patients’ condition is particularly important in order to avoid possible...
2 Pages(500 words)Essay

IKEA Challenges and HR Solutions

...IKEA Challenges and HR Solutions IKEA is a Swedish multinational company dealing in furniture and home decorations. For several years, the company has been rated amongst the most influential brands in Sweden, a status it has earned partly from its tradition of absorbing fresh local corporate and engineering talents. Internationally, IKEA has been rated among world’s top 10 best retail brands. The organization’s websites attract a whopping 450 million visitors every day. Owing to the uniquely complex retailing business, IKEA faces different cultural challenges operating in foreign markets. However, IKEA has responded to the challenges of varying corporate and social...
8 Pages(2000 words)Case Study

Environmental Challenges, Solutions and Recommendations

...of harmful herbicides and pesticides (Pittock, 2013, pp.76). State governments should undertake rejuvenation and reclamation activities on degraded land. Sewerage systems and waste management systems should be installed especially in cities with many industries. People will be encouraged to undertake recycling and reuse practices. The main challenge of implementing these options is the autonomy that mining companies have over their activities (Seinfeld & Pandis, 2012, pp.202-203). Natural fertilizers and organic manure are minimally available in Australia. Taxation policies will require the approval of the legislature and the process may take a long time. Recommendations State...
10 Pages(2500 words)Research Paper

Problems Challenges and Solutions

... Problems, Challenges, and Solutions Abstract Human resources management frameworks have become essential to the functioning of the modern organization given their ever expanding roles. A new human resources management framework was installed in XYZ Airlines but it failed to produce the desired results. This paper will look into the salient causes that made the new human resources management framework fail as well as the various steps that could be taken to mitigate the consequences. Introduction The basic management blocks of any organization are essentially human beings. Any organization is composed essentially of human beings on the horizontal and vertical scales of operation and management. It is up to the human resources... and...
15 Pages(3750 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Contract Management Challenges and Practical Solutions for FREE!

Contact Us