Monitoring, bargaining, and negotiating needed changes to a sourcing contract typically add up to about ________ of the yearly contract amount.
A) 3%
B) 5%
C) 8%
D) 10%
E) 12%

Question

Quizplus · Accepted Answer

Monitoring, bargaining, and negotiating needed changes to a sourcing contract typically add up to about 5% of the yearly contract amount. This accounts for the ongoing management and adjustment costs associated with maintaining and optimizing the contract terms over time.

Monitoring, Bargaining, and Negotiating Needed Changes to a Sourcing Contract