Minimising Risk Through the Contract

Bharat Vagadia ()

Chapter 11 in Strategic Outsourcing, 2012, pp 151-154 from Springer

Abstract: Abstract The prime mechanism by which risks in outsourcing have been managed has been through the contract, although theory and practice recognise that contracts can never be complete. Nevertheless, it is important to try to develop comprehensive contracts with appropriate clauses whilst being flexible to cope with changes in the environment. This chapter examines the role of the legal contract in minimising risks.

Keywords: Force Majeure Provisions; Service Provision Change; Outcome Control Mechanisms; Tactical Outsourcing; Money Laundering Legislation (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-642-22209-2_11

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DOI: 10.1007/978-3-642-22209-2_11

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