BUS 501 Week 3 Discussion Question 1 and 2 with Answers

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BUS 501 Week 3 Discussion 1, Types of Contracts

From the e-Activity, examine the different types of contracts and provide a scenario for each type. Assess the requirements for a fixed-price contract. Determine ways that the duration of the fixed-price contract can affect the cost savings to the government. Then, create an argument in support of fixed contract pricing for an interval of your choosing.

BUS 501 Week 3 Discussion 2, Performance-Based Contracts

  • Examine the requirements for a performance-based contract. Then, create a brief outline of a performance-based contract for your past or current career field.
  • Analyze the requirements and components included in the statement of objectives. Determine the performance requirements and performance standard differences between small or large contracts.bus 501 week 3 discussion