Discuss a small business in your hometown


Discuss the following:

1. Among all the forms of contracting described determine which one you believe would benefit the small-business owner the most. Explain your answer in detail.

2. Determine which form of contracting would be the most cost effective for a small business in your hometown. Support your answer with data from a small local business.

3. From the first e-Activity, take a position on whether or not all the forms of contracting described can be grouped into the two broad categories: fixed price contracts and cost reimbursement contracts. Support your position.

4. From the second e-Activity, take a position on whether or not the current types of basic small-business programs are sufficient for the government to provide maximum practicable opportunities in its acquisitions to small business. Suggest at least one additional type of basic small-business program. Support your suggestion.

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