on 06-11-2007 7:51 AM
In which industry Contracts are popular
Hi,
Contracts are primarily used in service industries
Reward points if useful
Regards,
Amrish Purohit
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Hi ,
This contract is popular in serive industries may be for transportation purpose u do cntract to provide serive for a perticular period .
Most important is that contract have validity period.
Apart from it even in manufacturing industries there is contract with Raw material suppliers so as to keep control on price fluctuation and to ensure continuous availability of critical items for ur production.
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Hi radhesyam,
in shpping industry they use lot of contracts...
reward if it hleps
ramki
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