Question

Determine two to three (2-3) reasons why a government contractor may not always receive the exact amount of profit that it negotiated into its contract with the federal government. Predict two to three (2-3) outcomes a government contractor may experience as a result of not meeting the profit requirements specified in their government contract. Justify your response.

Answer 1

Most contract prices include either profit or fee, but contract profit/fee analysis is not required unless cost analysis is required to determine contract price reasonableness. When cost or pricing data are required, you must use profit/fee analysis to determine the reasonableness of any profit/fee included in the contract price. The contractor's actual realized profit/fee may vary from negotiated profit/fee, because of such factors as:  The contracts performance efficiency  The incurrence of unallowable costs  The type of contract If VectorCal set their prices to low then they will try and find ways to make a profit, and this is done by looking for cheaper material or even performing shoddy work. Performing shoddy work.

"Three Major Concerns" Please respond to the following:

Analyze at least two major concerns for the federal government concerning the pricing of goods and services. Determine which major concern you believe is the most important to address, and provide a rationale for your response.

Distinguish between at least two of the major factors that are important when a company decides upon a price at which to sell its goods and services to the government. Provide a rationale for your response.

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BUS 315 Week 1 Discussion 2 Fair Pricing

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"Fair Pricing" Please respond to the following:

Categorize at least two factors that VectorCal uses to determine a fair and reasonable price for the navigation system it is marketing to the government. Suggest key reasons why these two factors are important in determining the fair and reasonable prices for VectorCal's navigation systems. Support your response with one example of the importance of such factors.

Using the two important factors that you identified in Part 1 of this discussion, suggest the manner in which the proposed price is fair and reasonable for the government to pay. Provide a rationale for your response.

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BUS 315 Week 2 Discussion 2 Fixed Price -vs- Cost-Reimbursement

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"Fixed Price -vs- Cost-Reimbursement" Please respond to the following:

• Compare and contrast the fixed-price and cost-reimbursement for the VectorCal navigation system. Determine which type of costing mechanism best serves VectorCal's needs. Provide a rationale for your response.

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BUS 315 Week 3 Assignment 1 Proposal (2 Papers)

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This Tutorial contains 2 Papers

Assignment 1: Proposal

Due Week 3 and worth 150 points

Note: Refer to scenarios and readings from previous weeks in order to complete this assignment.

Imagine that you just created a new start-up company. You want to compete in the growing industry of drone navigation systems. VectorCal is the only major company in the field. You also want to be a leaner, faster version of a company that you view as being too slow and costly. Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.

Write a two to three (2-3) page paper in which you:

Describe the new start-up company that you have created. Include in your description the nature of your company, its mission and vision, your company’s product, an analysis of your staff, and your target clientele.

Criticize VectorCal’s forecasting method. Determine the appropriate forecasting approach for your company. Provide a rationale to support the determination.

Suggest the semi-variable, allocated, and indirect costs that you should address in the start-up phase of your company. Provide a rationale to support the response.

Use at least three (3) quality resources in this assignment.Note: Wikipedia and similar Websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.