EXAMPLES

Parques Reunidos - MANAGEMENT

Meraas
Advanced Global CONTRACTS 
The Leela Group -
Government
Agreement between
Gandhinagar, Gujarat
investors or
owners of a
project, and a
DISADVANTAGES management
company hired for
Political or
coordinating and
social turmoil can
overseeing a
threaten managers’
contract.  
lives.
suppliers of
expertise may end
up nurturing a
formidable new
competitor in the
local market Angie Paola Gutierrez
Maria Celeste Zuluaga
 DEFINITION ADVANTAGES
Under the Exploit an
stipulations of a international
management contract, business opportunity
one company supplies without having to
another with place a great deal
managerial expertise of its own physical
for a specific assets at risk. 
period of time. Two Governments can
types of knowledge award companies
can be transferred management contracts
through management to operate and
contracts—the upgrade public
specialized utilities.
knowledge of Governments use
technical managers management contracts
and the business- to develop the
management skills of skills of local
general managers. workers and
managers.