CONFLICT RESOLUTION in business contracts | Managing Contractual Risks



Learn more about managing contractual risks and conflict resolution by checking out these video lessons: https://bit.ly/3IojJnm
In this video we look at:
1. What is conflict resolution?
2. How various cultures look at conflict resolution
3. What if the parties conflicting are of different cultural backgrounds?
4. General steps in conflict resolution
In business you will end up in one of those situations where the other party, let’s say the supplier fails to meet their obligations.

Ok it could also be the buyer who is failing to uphold some terms you agreed on, such as payment or constantly changing specifications.

This mean rise in conflict hence the need for conflict resolution

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