BUS315  Cost And Price Analysis
Week 1 Discussion
“Three Major Concerns” Please respond to the following:
Analyze at least two major concerns for the federal government concerning the pricing of goods and services. Determine which major concern you believe is the most important to address, and provide a rationale for your response.
Distinguish between at least two of the major factors that are important when a company decides upon a price at which to sell its goods and services to the government. Provide a rationale for your response
 
BUS315  Cost And Price Analysis
Week 2 Discussion
“Initial Bid” Please respond to the following:
Suggest the most significant manner in which the cost of the solicitation process adds to the bottom-line in the initial bid for a government contract. Justify your response.
Determine the steps in the sealed bidding process. Next, create an argument for or against the sealed bidding process as a method of lowering the government’s potential expense for a good or service. Justify your response with one example.
 
BUS315  Cost And Price Analysis
Week 3 Discussion
“Price Analysis” Please respond to the following:
Examine at least two purposes that price analysis serves to a company like VectorCal and to its product line. Support your answer with two (2) examples of companies that used price analysis to better serve their organizations.
Imagine you are a CEO of a large company. Provide two examples of the manner in which you would incorporate a price analysis in your company. Predict the important ways in which your use of price analysis would lead to financial success for the whole company.
 
BUS315  Cost And Price Analysis
Week 4 Discussion
“Classifications of Costs” Please respond to the following:
Diagram two to three (2-3) of the classifications for costs, and propose the value of each of these classifications in the production of the navigation system at VectorCal. Explain your decision for each classification chosen.From first the e-Activity, compare and contrast the manner in which VectorCal and the other businesses that you researched utilize cost principles. Specify which cost principles you believe to be the most and least important for any business, and justify your rationale for each.
 
BUS315  Cost And Price Analysis
Week 5 Discussion
“How to Forecast Costs” Please respond to the following:
Infer the main reasons for the high number of government contracting invitations extended for the purpose of obtaining certified cost or pricing data. Speculate on why the invitation is the last item in the gathering of cost and pricing process. Justify your response.
Provide two to three (2-3) examples of other strategies to use to obtain cost or pricing data in a more accurate fashion. Predict the manner in which these examples could be utilized to also save the government funds. Provide a rationale for your response.
 
BUS315  Cost And Price Analysis
Week 6 Discussion
“Labor Costs” Please respond to the following:
Identify at least two factors that VectorCal uses to determine its labor costs for the creation of the navigation system that it is marketing to the government. Specify key reasons why these two factors are important in determining the labor costs for VectorCal’s navigation systems. Support your response with one example of such importance.
From the e-Activity, speculate on key areas where most companies fall short when determining their labor costs. Suggest two (2) methods that a company CEO should use in order to reduce price labor cost inconsistencies. Support your suggestion with two (2) real-world examples.
 
BUS315  Cost And Price Analysis
Week 7 Discussion
“Indirect Costs” Please respond to the following:
Predict VectorCal’s indirect costs based on the direct costs (e.g. direct labor, direct materials or both). Next, from the e-Activity provide two examples of companies with the same indirect costs that you predicted for VectorCal. Speculate on what the indirect costs of the existing companies bodes for the future of VectorCal.
Suggest one way in which how VectorCal could estimate the future indirect costs for at least ten potential line items related to the production of its navigation systems. Determine two to three (2-3) line items that could affect the indirect costs the most. Justify your response.
 
BUS315  Cost And Price Analysis
Week 8 Discussion
Overhead Expenses” Please respond to the following:
From the-Activity, compare and contrast the manner in which VectorCal and other businesses that you researched analyze overhead costs.Selecttwo to three (2-3) methods that the businesses in question used for allocating costs for theanalysis of their overhead expenses. Explain your rationale.
Analyze key ways in whichyou would make the most use of the cost analysis in supporting VectorCal’s contract with the federal government.Speculate on what you believe would happen if the cost analysis related to the VectorCal’s current federal government contract changed. Justify your response.
 
BUS315  Cost And Price Analysis
Week 9 Discussion
“Facility Costs” Please respond to the following:
Suppose you have been working with the federal government for a period of time, and you decide to form a small company. Explain the difference between depreciation and the facilities capital cost of money. Specify the key advantages of having facilities capital cost of money as an allowable cost. Justify your response.
Compare and contrast the facility costs of VectorCal and the US Government. Determine at least two advantages for using facility costs for both VectorCal and the US Government. Explain your rationale.
 
 
BUS315  Cost And Price Analysis
Week 10 Discussion
“Profit” Please respond to the following:
Determine two to three (2-3) reasons why VectorCal may not always receive the exact amount of profit that it negotiated into its contract with the federal government. Predict two to three (2-3) outcomes VectorCal may experience as a result of not meeting the profit requirements specified in their government contract. Justify your response.
Hypothesize two examples of circumstances where a company has not met the profit requirements of a government contract. Next, speculate on why these circumstances resulted in a failure to meet the profit requirements of its contract with the federal government. Next, from the e-Activity, provide one example of a company that has not met the profit requirements of a government contract, and specify the company’s end result.
 
 
 
BUS315  Cost And Price Analysis
Week 11 Discussion
“Course Wrap-Up” Please respond to the following:
Sum up two of the most important concepts you learned from this course and state how you might use these.
Identify someone in your life who would benefit from taking this course, and explain the reasons why.