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We can conclude that contracting does have many benefits which are mentioned below:
? Division of labour.
? Synergy of expertise.
? Sharing of risks.
To avoid the negative aspects of contracting closed attention must be given to the following:
? Selection of efficient contractors.
? Clear evaluation of bids.
? Accurate measurement and control of contract performance.
Species of Classification: There are broadly speaking two species of classification systems - enumerative and faceted. Enumerative classification is that in which all classes
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LogicSoft Inc., a start-up that provides enterprise logistic software to transportation companies, is in negotiations with a new customer for a sales contract. The software is hig
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