Question

. Suppose that you own a small printing firm and have the opportunity to bid on a government contract that could bring a considerable amount of new business to your company. List three advantages and three disadvantages of working in a contract situation with government

Answer 1

Answer:

Advantages - the benefits will be there

U don't need to worry about money the government will handle it

And u have a name and fame working with government

Answer 2

Answer:

advantages :

i)constant income

ii)name and fame of having government contract.

iii)subsidiary from government .

disadvantages:

i)cant fix price by own since it is govenrment contract

ii)in case of misuse the contract will be canceled

iii) fluctuation of policies.