Professional Documents
Culture Documents
1. Does your business typically use written contracts for your transactions?
2. If yes, for what types of transactions do you use contracts (e.g., sales of
goods, services rendered, project agreements)?
3. If no, why don't you use written contracts?
4. How does your business typically handle contracts with suppliers or service
providers?
5. What is the process for drafting and finalizing contracts within your
organization?
6. Are there specific legal or regulatory requirements that your business must
adhere to when entering into contracts?
7. How does your business ensure that contracts are fair and mutually
beneficial for all parties involved?
8. Can you provide an example of a recent contract your business has entered
into and walk me through the negotiation and signing process?
Contract Development:
9. Who typically initiates the contract creation process in your business (e.g.,
sales team, legal department)?
10. Do you have standard contract templates for different types of agreements?
11. How does your business customize these templates for specific agreements?
Negotiation and Approval:
12. What is the negotiation process like for contracts with your business?
13. Who has the authority to approve final contract terms in your company?
14. Do you involve any external parties (e.g., lawyers) in the contract review or
approval process?
Contract Management:
15. How does your business track and manage active contracts?
16. Do you have a system for ensuring compliance with contract terms by both
parties?
17. What is the process for handling contract disputes or breaches?