If electronic commerce (EC) trends continue as they have, and ultimately greater and greater numbers of buyers and sellers never physically meet in an EC/virtual marketplace, how will the rules of 21st century contracts change? How must sellers pivot their sales model in order to satisfy the needs of the e-consumer? Week 2: Chapter 4 Assignment Assignment: (Use attachment in lieu of video) Does the leadership team of your organization exercise the competencies as discussed in the reading and videos? What examples can you provide that will substantiate your answer? If they do not, what do you believe is the reason for not exercising these competencies? Does your organization leverage the core competencies as defined in the reading and video? How? Week 2: Chapter 3 Assignment (Aberdeen Research Article) Prepare a graduate-level response which addresses these two questions: What are the differences between contract management and contract leadership? Should senior executives play a role in contract management? Why? Week 3: Chapter 6 Assignment Pick two competitive contracting methods and provide an example of each and discuss why you chose the method and example. Week 3 Chapter 5 Assignment Download, read, and evaluate one of these documents and answer the following questions as they relate to the contract you have selected. ST of MA Pilot Small Scale IT ServicesActions Given the subject matter discussed in Chapter 5, and the concepts discussed by the author regarding international contacts, did you identify any shortcomings in the contract which you examined? What were these shortcomings? What specific elements would you recommend adding to the contract which you reviewed, given the nature for which the contract was drawn up? In comparing the contract which you reviewed, to a similar contract from your organization, what are the similarities and what are the differences? Within the contract which you examined, what unique clauses or conditions did you find that truly set either of these contracts apart as dealing with an international clientele? What is the single biggest learning outcome that you will take with you after completing this chapter? Week 4: Chapter 8 Assignment Scenario: You are the CISO of a medium sized organization and you need to implement a security solution that will protect your workstations throughout the organization. You will need to procure the software solution, the services to install it, the services to maintain it and training for your staff. What contract type would you use for this effort? Why did you choose this contract type? Who has the most risk in this contract? Week 4: Chapter 7 Assignment Assignment In no less than four (4) pages, define, compare, contrast, and summarize these most common procurement documents used in industry; RFP, RFQ, ITB. Identify the most acceptable/logical business case use for each procurement document (i.e., when, where, under what business conditions would you use the specific procurement document most appropriately, etc.). Week 5: Chapter 10 Assignment How would you/how does your organization assess a contract to ensure that you can meet the requirements of a contract? How do you evaluate a contract prior to bidding on it? By leveraging external sources, outline a contract management continuous improvement framework that would be suitable for your organization. Provide in your response WHY you feel the framework you identified is suitable for your organization. Week 5: Chapter 9 Assignment Procurement leaders need to try to understand the metrics needed to measure compliance, develop a standardized policy, and bring in the tools and technology that make this process easier. In the source selection process, it is imperative that you have evaluation criteria in order to make the best decision for your organization. Often the supplier must have a specific certification and/or adhere to specific laws (domestic and/or international) in order to meet the regulatory compliance obligations of your organization Some examples of these certifications, standards, frameworks and laws can include ISO 27001, OWASP, ILIT, CSA 4.0, SOC, PCI DSS, HIPAA, GDPR, CIS 20, NIST 800-53, The Data Protection Act 2018 (UK), FCPA, SOX, GLB, The California Consumer Privacy Act of 2018 (CCPA), etc. Each of these are designed to instill trust with clients ensuring controls are in place and their data are protected. If you look at their principals, they each cover important dimensions of securing information, such as confidentiality, integrity and availability. Compare and contrast any two (2) of the certifications, standards, frameworks or laws identified above. Be specific in your assessment by ensuring you include who, what, where, when, why and how you would use each within your specific organization. Use an example from either your organization or leveraging information available on the Internet. Be sure to cite anything used from the Internet.