1. Risk: UCA carries the risk of the cost/price uncertainty because UCA is an action that allows the contractor to start work before prices are agreed upon. Mitigation: The “Price ceiling,” limitation at DFARS 217.7404-2 mitigates this risk by incorporating a not-to-exceed price for the firm fixed price or not-to-exceed ceiling fee for the cost reimbursement type contract in the UCA. 2. Risk: Risk associated with performance exists because all contract terms and specifications are not agreed upon
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RUNNING HEAD: THE SHOP THAT CARES The Shop That Cares: A Marketing Plan for ATR Enterprises Western Governor’s University QRT: Task 1 October 31, 2012 I. Executive Summary 6 II. The Challenge 6 III. Situation Analysis 6 a. Company Analysis 6 b. Customer Analysis
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Supply and Demand One of the most critical concepts in the study of economy and the way our world works is: supply and demand. This essentially helps use understand markets and the way we consume the things we need and want on a daily basis. Supply and demand concepts have application in everyday life and in business. Essentially supply and demand are determined separately, the sellers determine the supply and the buyers determine the demand. The price of the product or service offered is never
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TO: Bob Smith, CEO FROM:, Elementary Division Manager DATE: January 21, 2014 SUBJECT: Title VII Employee Claim A claim has been filed by a former employee under Title VII of the Civil Rights Act of 1964. The claim is that due to a recent policy change that requires employees to work four days consisting of twelve hours each then be off for four days was discriminatory based on the fact that employees would have to work on a religious holiday. Constructive Discharge and Its Relationship To
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JET TASK 4 A1: Costing Method Report to the Vice President recommending whether the company should change its cost method - to activity based costing. Activity based costing is a method used in identifying activities companies perform thereby assigning indirect costs to products. Activity based costing (ABC) system recognizes the relationship between costs, activities and products, assigning indirect costs to products. (Investopedia, 2014) Competition Bikes, Inc. report to the Vice President
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Profit maximization is how a company determines the price and the quantity of units produced in order to return the highest profits. Two methods of determining the highest profits are by the Total Revenue-Total Cost method and the Marginal Revenue-Marginal Cost method. A1. In the Total Revenue-Total Cost method, the profit is equal to the total revenue less the total cost. When given a table of revenues and costs such as the table in this case, the profit maximization point in this method is
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Task I EGT 1 Western Governors University November 10, 2014 A. In this monopolistic competitive market scenario, profit maximization can be arrived by working the numbers in two separate approaches. The first is Total Revenue to Total Cost and profit maximization is derived by taking the total revenue and subtracting the total cost at each quantity level. Profit maximization is at the point where the gap is the largest between TR and TC. The second approach is Marginal Revenue to Marginal
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Memorandum To: CEO From: Insert Name Date: Re: Constructive Discharge Claim I was notified by the corporate attorney about a former employee filing a claim for Constructive Discharge under Title VII of the Civil Rights Act of 1964. Upon notification I did the following research into the position we as a company need to take. How is constructive discharge relevant as a legal concept to the current scenario? At the beginning of this year the company implemented a new work shift policy to
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Memo To: President of Quality Assurance CC: Chief Operating Officer From: Vice President of Quality Assurance Date: [ 5/12/2014 ] Re: Costs of quality; trade-offs As you know, when dealing with quality issues, we must consider the costs associated with quality. According to Stevenson (2008), there are three categories of these costs: appraisal, prevention, and failure. Appraisal costs may be defined as "Costs of activities designed to ensure quality or uncover defects" (Stevenson, 2008, p
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