soft contract

Show Summary Details

Quick Reference

An arrangement between two parties that recognizes their mutual benefit from collaborating. The contract is ‘soft’ in the sense that it does not specify exactly what is to be delivered by each party, but does clarify the relationship between the two parties and their respective roles in securing mutually beneficial deliverables. [See also hard contract and relational contract.]

Subjects: Human Resource Management.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.