Buy American Requirements
Buy American Requirements
My major is Business Administration with Concentration in Acquisition and Contract Management – some Finance, Accounting would also be helpful for the writer to know.
Assignment 3: Buy American Requirements based on Buy American Act – The Buy American Act (“BAA”, originally 41 U.S.C. §§ 10a–10d, now 41 U.S.C. §§ 8301–8305) passed in 1933 by Congress and signed by President Hoover on his last full day in office (March 3, 1933), required the United States government to prefer U.S.-made products in its purchases.
Due Week 6 and worth 240 points
In order to complete this assignment, refer to the scenario from Assignment 1, as well as to the scenarios and readings from previous weeks.
Write an eight (8) page paper in which you:
1. Specify the main points of the Buy American Requirements in one (1) page or less.
2. Determine the substantive means by which the Buy American Requirements would benefit both VectorCal and your new company. Provide a rationale for the response.
3. Analyze the fundamental ways in which the Buy American Requirements are contradictory to a capitalistic ethos, given that the U.S. government claims to promote competition and the U.S. espouses a free market ideology (i.e., capitalism). Support your answer with two (2) examples of such a contradiction.
4. Debate whether or not you believe that the exceptions to the Buy American Requirements set forth by the government are fair and advantageous to the U.S. economy. Provide a rationale for the response.
5. Determine the key advantages and disadvantages of using the Buy American Requirements with the navigation system that both VectorCal and your company produce. Justify the response.
6. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
The specific course learning outcomes associated with this assignment are:
• Determine how to validate costs and certify cost and pricing data.
• Specify the government policies regarding profit and pricing adjustments for contracts.
• Use technology and information resources to research issues in cost and price analysis.
• Write clearly and concisely about cost and price analysis using proper writing mechanics