Guide to Contact Pricing , business and finance homework help
Reference/Textbook: Guide to Contact Pricing (Cost and Price Analysis for Contractors, Subcontractors, and Government Agencies, 5th Edition)
Author: John Edward Murphy, CPA, CPCM
Assignment 1: Proposal
Worth 150 points
Note: Refer to scenarios and readings from previous weeks in order to complete this assignment. (https://blackboard.strayer.edu/bbcswebdav/institution/BUS/315/1138/Week1/Scenario/story.html)
(https://blackboard.strayer.edu/bbcswebdav/institution/BUS/315/1138/Week2/Scenario/story.html)
(https://blackboard.strayer.edu/bbcswebdav/institution/BUS/315/1138/Week3/Scenario/story.html)
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 three (3) page paper in which you:
1. 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.
2. Criticize VectorCal’s forecasting method. Determine the appropriate forecasting approach for your company. Provide a rationale to support the determination.
3. 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.
4. Use at least four (4) 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.
The specific course learning outcomes associated with this assignment are:
- Determine the characteristics of government contracting that affect pricing and what is considered fair and reasonable pricing.
- Outline the process to forecast the likely price of an acquisition, calculate semi-variable costs, and allocate direct and indirect costs.
- Use technology and information resources to research issues in cost and price analysis.
- Write clearly and concisely about cost and price analysis using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.
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Points: 150 |
Assignment 1: Proposal |
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Criteria |
Unacceptable Below 60% F |
Meets Minimum Expectations 60-69% D |
Fair 70-79% C |
Proficient 80-89% B |
Exemplary 90-100% A |
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1. 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. Weight: 25% |
Did not submit or incompletely described the new start-up company that you have created. Did not submit or incompletely included 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. |
Insufficiently described the new start-up company that you have created. Insufficiently included 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. |
Partially described the new start-up company that you have created. Partially included 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. |
Satisfactorily described the new start-up company that you have created. Satisfactorily included 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. |
Thoroughly described the new start-up company that you have created. Thoroughly included 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. |
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2. Criticize VectorCal’s forecasting method. Determine the appropriate forecasting approach for your company. Provide a rationale to support the determination. |
Did not submit or incompletely criticized VectorCal’s forecasting method. Did not submit or incompletely determined the appropriate forecasting approach for your company; and did not submit or incompletely provided a rationale to support the determination. |
Insufficiently criticized VectorCal’s forecasting method. Insufficiently determined the appropriate forecasting approach for your company. Did not submit or incompletely provided a rationale to support the determination. |
Partially criticized VectorCal’s forecasting method. Partially determined the appropriate forecasting approach for your company. Partially provided a rationale to support the determination. |
Satisfactorily criticized VectorCal’s forecasting method. Satisfactorily determined the appropriate forecasting approach for your company. Satisfactorily provided a rationale to support the determination. |
Thoroughly criticized VectorCal’s forecasting method. Thoroughly determined the appropriate forecasting approach for your company. Thoroughly provided a rationale to support the determination. |
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3. 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. Weight: 35% |
Did not submit or incompletely suggest the semi-variable, allocated, and indirect costs that you should address in the start-up phase of your company. Did not submit or incompletely provided a rationale to support the response. |
Insufficiently suggested the semi-variable, allocated, and indirect costs that you should address in the start-up phase of your company. Insufficiently provided a rationale to support the response. |
Partially suggested the semi-variable, allocated, and indirect costs that you should address in the start-up phase of your company. Partially provided a rationale to support the response. |
Satisfactorily suggested the semi-variable, allocated, and indirect costs that you should address in the start-up phase of your company. Satisfactorily provided a rationale to support the response. |
Thoroughly suggested the semi-variable, allocated, and indirect costs that you should address in the start-up phase of your company. Thoroughly provided a rationale to support the response. |
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4. 3 references Weight: 5% |
No references provided |
Does not meet the required number of references; all references poor quality choices. |
Does not meet the required number of references; some references poor quality choices. |
Meets number of required references; all references high quality choices. |
Exceeds number of required references; all references high quality choices. |
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5. Clarity, writing mechanics, and formatting requirements Weight: 10% |
More than 8 errors present |
7-8 errors present |
5-6 errors present |
3-4 errors present |
0-2 errors present |
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