Describe Two Advantages of Using Multiple Source Contracts

question 19

Essay

Describe two advantages of using multiple source contracts.

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Definitions:

Managerial Strategy

A set of choices and actions that managers formulate and implement to achieve organizational goals and objectives.

Organization's Culture

The shared values, beliefs, and practices that define the social and psychological environment of a business organization.

High-involvement Organization

An organizational model that encourages employee participation in decision-making and business operations to improve performance and satisfaction.

Cultural Value

Beliefs or ideals shared by members of a society about what is important, desirable, and how people should behave.