LEG 440 Assignment 3: Socio-Economic Considerations Related to the Federal Procurement Procedure

Q1: List the stakeholders involved and their influence. Identify any fundamentals of business or capitalism involved.

Another view is how small companies are being hurt by monopolies. Small businesses and bigger companies should be existing together. Each company, big or small, has different ways of doing things. For example, if someone gets home and tries to find something to eat. In a monopoly, only one choice is provided. Say the food is pizza and the pizza is great. It may be good for a while but after time one may find a taste in it that a person may not like. If there are many businesses then a person can have pizza, lasagna, mac-n-cheese, and other foods. In the market it is nice to have more choices so that one can find their favorite. Also, information received from Financiers of Small Businesses Receive Tax Breaks (2014), that small businesses have finally been earning money to put towards their stores and savings. Since money has been invested into these new companies, it has been working. This is causing these people to be able to make a living in owning a small company. Less small businesses are failing to support themselves and are able to make their businesses better. This just goes to show that even the government wants to keep small stores alive in America. If some of the most important and educated people think this is a good idea, shouldn’t others believe the same thing? Great people thought that monopolies were a bad thing then and they still are. Making a person’s own company gives people another job choice. The dream of being a small business owner is kept alive due to the government providing money to these companies and also keeps monopolies from taking these people with small companies, and crushing them so they can make more money. As explained in an article from Pugsley and Hurst (2011), “most small business have no intention of growing into a big company.” These companies just want to make

The sample proposal reveals that DHS (Department of Homeland Security) is accepting a proposal from various firms to support Evergreen open source software.

4. Who are the stakeholders in this situation and what, if any, obligations do they have?

The United States government is the largest single purchaser of goods and services in the world. Even during times of economic hardship, the US continues to dump billions into the private sector. The federal procurement spending rate of growth has surpassed the rate of U.S. inflation every year, since 2000. With annual federal procurement budgets of more than $400 billion, it is no surprise that the competition for government contracts has increased tremendously. Consequently, more and more companies are trying to get a piece of the action. When these companies adhere to all of the required regulations and statutes, they expect their proposals to be evaluated and the contract awarded in

A) a company can control the actions of its own employees, including non-sales job tasks.

• Expand or modify system to serve new purposes or improve work flow (Business Dictionary, 2012).

As small companies compete, you naturally get market leaders. As these companies get larger they become more efficient at producing goods and services. They invest in mass production techniques in order to produce goods more cheaply than their competitors. They buy raw materials at cheaper prices because they buy in bulk. They expand specialization amongst their workforce. They also copyright and patent their work, preventing rivals from using it. This is known as economies of scale. The bigger you get, the easier it is to make money. Smaller companies cannot compete. This is called a barrier-to-entry. If you wanted to compete with Ford motor cars, for example, just one car plant would set you back around $500 million.

Funds of the correct amount and appropriation must be planned and programmed into the Army budget, in general, 2 years before they are needed. In the program and budget process, funding requests are initiated and reviewed annually. Congress appropriates funds for RDTE (Title IV, DOD Appropriations Act) and Procurement (Title III, DOD Appropriations Act), as part of the annual Defense Appropriation Act. The RDTE and procurement budget requests must first be approved by DOD, submitted to Congress by the President, and then be authorized and appropriated in 2 separate Congressional actions before any money can be spent. In the year of budget execution, the Army may reprogram funds, except for Congressional interest items, within an appropriation

Adopt rules for the purpose of gauging contractor compliance with requirements relating to the use of services or commodities of a minority business enterprise;**

L. S. Caldwell & Associates, Inc. (LSC), founded in 1991, has over twenty-four (24) years of extensive experience in developing, implementing, and monitoring compliance programs on behalf of our many clients. With the primary goal of informing communities of a myriad of contracting opportunities in development and operational projects. LSC has been responsible for impacting thousands of contracts and employment opportunities in the Washington Metropolitan Area. Our firm have a documented history of successfully alerting, identifying, and increasing the number of M/W/DBE economic opportunities available to residents; local, small, and disadvantaged businesses; vendors and other protected class companies in both the public and private sectors. Our public outreach also extends to Local/National; organizations, associations, political advocates, and

In this research paper I will discuss the process of contracting out, issues of cost, credibility, accountability, and quality and quantity of services. My discussion will also include reasons for contracting out, opposition, and advantages and problems of contracting out.

The concept of a company being a separate legal entity is the most striking illustration in separating the company from its owners. A paramount principle of corporate law is that no shareholder or member of a company is made liable for the obligations incurred by such incorporations A company is different from its members in the eyes of law. In continuations to this the opposite also holds true in the sense that neither can the company be held liable for the acts of its members. It is a fundamental distinction that a company is distinct from its members.

In this case some big companies dominate the whole industry and as a result the small companies

1. How would you characterize the problem described in the case (problem of culture, problem of authority, problem of power, problem of structure etc.)?