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15 January 2011 · Article

The Purpose Of A Contract

\r\n The diversity of views about the purpose of contracts helps to explain many of the uncertainties over the importance of contracting resources, process and organizational position. This article - and the comments it induced - illustrates the various roles that a contract can play. It suggests that business leaders should be clear about the purpose they wish their contracts to fulfill, since lack of clarity inevitably leads to a lack of quality in this key aspect of business performance.

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