question archive After watching some highlights on TV of the stories of extensive tender corruption coming out at the Zondo Commission in South Africa, you have developed a negative attitude towards tenders in general

After watching some highlights on TV of the stories of extensive tender corruption coming out at the Zondo Commission in South Africa, you have developed a negative attitude towards tenders in general

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After watching some highlights on TV of the stories of extensive tender corruption coming out at the Zondo Commission in South Africa, you have developed a negative attitude towards tenders in general. However, your manager has persuaded you that there are times when the company doesn't have the necessary expertise and equipment to perform a critical function, so tenders are necessary under those circumstances, and can even be good for the company if managed without corruption. Task: 1. Define both tender management and contract management; 2. Explain how they are separate but linked processes; and 3. Recommend at least three ways in which you can reasonably manage the risks associated with issuing a tender.

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