DISCUSS BENEFITS AND RISKS OF A LONG-TERM CONTRACT BOTH FROM SUPPLIER’S PERSPECTIVE AND BUYER’S PERSPECTIVE?

– DISCUSS BENEFITS AND RISKS OF A LONG-TERM CONTRACT BOTH FROM SUPPLIER’S PERSPECTIVE AND BUYER’S PERSPECTIVE

– GIVE AN EXAMPLE OF A PRICE ADJUSTMENTS MECHANISM THAT CAN BE PUT IN A LONG-TERM CONTRACT AND

EXPLAIN HOW IT CAN BE BENEFICIAL TO PARTIES