How existing federal statutory acts favor smaller businesses


Homework: Rules of the Road

You and your partner have turned your hobby of building precision drones and unmanned aerial systems (UAS) for filming and photography into a successful internet business called Aerospace Drones. Your company has earned a reputation for building high quality drones equipped with premium cameras, advanced performance features, and a wide range of automated flight modes.

In recent years, Aerospace Drones has become a preferred vendor for private security companies due to your products' superb aerial imagery. Recently, a colleague recommended that you expand your business even further by competing for Department of Homeland Security contracts. Because you have limited experience in this realm, you have important research to do.

Instructions

Write a 2 to 4 pages executive summary for your board of directors in which you:

i. Analyze how existing federal statutory acts favor smaller businesses over large multinational organizations that build drones (e.g., Lockheed Martin, Northrop Grumman, Boeing, and General Atomics).

ii. Evaluate the small-business programs created by Congress and provide details on how they could benefit your company over large multinational organizations that build unmanned aircraft.

iii. Identify what positions (titles) you would designate within your organization to interact with the government purchasing agency.

Format your homework according to the following formatting requirements:

i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

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Business Management: How existing federal statutory acts favor smaller businesses
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