Beihang University Agreements of Understanding Importance & Team Contract Essay

I’m studying for my Management class and need an explanation.

please Write an Executive Summary (narrative) of not more than two (2) pages in length, regarding the importance of ‘an agreement of understanding’ that is entered into by the team and documented in the contract. when writing the essay please include the answer of these questions

  • What are its strengths…?
  • What are its weaknesses…?
  • Who is responsible for maintaining it…?
  • In your words, what is the value of using this tool…?
  • How is it enforced…? In this assignment you will be develop a critical understanding on the use of this tool, the ‘Team Contract,’ to facilitate the building of the ‘team’ into a ‘unit.’ Discuss the components of this subsidiary plan as you understand them.