BUS 505 – Business Strategies and Proposals
“Long Term Positioning” Please respond to the following:
Analyze the elements of collecting market information and determine which would provide the most valuable information to a company seeking business with the federal government. Explain your rationale.
Review the eight types of information the author recommends go into a bid proposal library, as discussed in Osborne’s “Long Term Positioning,” and recommend at least one additional type of information that could / should be included. Provide your rationale.
Review the various improper practices and conflicts discussed in Chapter 5, and make at least one recommendation for preventing them or stopping them before they become a significant issue. Explain your rationale.
“Sealed Bidding” Please respond to the following:
Describe the purpose, general requirements, and awarding of the contract in a sealed- bidding process. From the e-Activity, provide at least two examples where sealed bidding had a positive effect on the contract selection process.
Discuss two of the problems that might be encountered by an agency in producing a sealed bid, and how apparent and obvious mistakes can be addressed. From the e-Activity, provide at least two examples to support your response.