Monday, May 6, 2019
Technical and Cost or Price Evaluations and Price Reasonableness Research Paper
Technical and Cost or bell Evaluations and Price Reasonableness - Research Paper ExampleThis aspect is anchored in the construction companys polity framework given the benefits which accrue from practicing transparency within the firm. This takes the form of corporate social responsibility at a firms level. At the individual level, each person at within the physical com poseion is expected to uphold justice, integrity and workplace etiquette. According to American Society of Civil Engineers (2012), the application of honor and integrity during the technical military rank results in successful project completion. Integrity is an ethical aspect, which both the innate(p) and corporate persons ought to practice in technical evaluation. This virtue incorporates many ethical values hence it is a pillar in any successful firm. In fact, most organizations maintain high standards of ethics in the society in order to remain relevant and to enhance the organizations going concern. respec table compliance organizational and financial prowess often propels organizations to great heights in business performance. This pass on help in the achievement of the goals the returns of firms increase and the shareholder riches will be created with ease. Technical evaluation and the factors used to determine the rivalrous project Technical evaluation influences many factors, which determine the competitive range of a particular contract. ... The compliance to fairness, justice and integrity during project evaluation depends on the leaders place the whims of power. All stakeholders focus on the actions and demeanor of their leader. According to Hansen& Zenobia (2011), technical evaluation enables a company to rescue a competitive advantage. This has been operating efficiently due to strategic operation management. The technical evaluation culminates in the achievement of a competitive advantage due to the customization of contract services. Technical evaluation culminates in the competitive advantage of a contractor. The market forces determine the prices of contract services in the market. Free trade is not appropriate for developing countries. This is because free trade will make the contractors for the woeful to compete internationally with the durable companies. This will further impoverish these companies. Sears, Sears & Clough (2010) assert that regulation in the market may be play off but the financial and economic capabilities of these companies vary. In the absence of government intervention in the private arena often low income countries, which majorly constitutes of small-scale companies and farmers, will lose their production of the stable international companies. The creation of wealth starts from the protection of the little wealth a nation or individual owns. Trevin?o & Nelson (2011) further posit that free trade results in the flow of skilled workforce from the poor countries to the rich nations because of favorable remuneration. In this regard, the free trade exposes the poor nations to exploitation because foreign investment in poorer countries will deprive the poor of income. Services delivered by the
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