What are the dangers associated with taking an old contract and merely changing thename of the supplier for use in a new, three-year contract with a different supplier?

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter5: Investment Decisions: Look Ahead And Reason Back
Section: Chapter Questions
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What are the dangers associated with taking an old contract and merely changing the
name of the supplier for use in a new, three-year contract with a different supplier?

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