BUS 505 Week 2 Discussion Questions – New

BUS 505 Week 2 Discussion Questions – Strayer New

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Week 2 DQ 1
“Federal Government Source Selection” Please respond to the following:

• Assume you own a small company that makes widgets. Carefully review the federal government acquisition process and determine how you would best position yourself long before you place your first government bid. Discuss the benefits of your preparations.
• Analyze the elements of both the technical evaluation and the past performance evaluation. Next, determine which is the most difficult to evaluate from the federal government perspective and how you (as a business owner) could make the evaluation process easier. Then, directly respond to the assessment of a fellow learner and evaluate his or her post (on-ground students will discuss the positions).

Week 2 DQ 2
“Strategic Business Planning” Please respond to the following:
• Assume you own a company that manufactures a specific product of your choice. Create a one-paragraph mission statement that addresses the what, who, how, and why of your company. Then, discuss how each component is addressed in your mission statement.
• Based on the same company you described above, create a strategic business model that incorporates the four major elements of strategic business modeling discussed in Chapter 4 of the textbook.