Contract Creation and Management

Submitted by: Submitted by

Views: 427

Words: 864

Pages: 4

Category: Business and Industry

Date Submitted: 10/21/2010 08:57 AM

Report This Essay

Contract Creation and Management

Tyreka Banks

BL/531

September 30, 2010

Brona E. Pinnolis

Contract Creation and Management

To: Board of Directors

From: Tyreka Banks

Subject: Contract Creation and Management Stimulation

Date: September 27, 2010

Contract and Creation Management

Most managers have to make difficult decisions within their companies daily. Each manager takes great deal of risks when making decisions for their companies. The reasoning for this memo today is to discuss the issue Citizen-Schwartz and Span are dealing with throughout the stimulation and how each company took risks with making certain decisions. The memo will also show how both companies could have avoided some of those risks if the manager would have made a different decision. I will layout some of the issues upper management team had with the company and how the decisions they were making could affect their company based on the agreed contract among both companies. Decisions made by C-S and Span in the stimulation could cause great disagreement and end the contract they original agreed upon.

The issue amongst the two companies will be the fact Citizen-Schwartz (A-G) thinks Span has not produce enough software to hold up their end of the contract. The upper management for C-S believes because Span has not fulfilled their obligations that are set forth in the contract it would be best just to pull out of the contract altogether. As a manager at C-S I would think long and hard before pulling out on the contract with Span because this could result in a breach of contract. Span management has the right to purse the breach of the contract because in the stimulation Span management informed C-S management they have completed at least 60% of the finished product. This dispute can cause for both companies to take legal action. Neither company should take the risk of this situation turning into a court matter or a big legal issue. If either company purse legal action or the...