BUS 330 Contract Admin & Mgmt Week 8, Disc 1

“Fixed-Pricing Contracting” Please respond to the following:

• Among the different forms of fixed-price contracting, determine the single most significant form that you believe would benefit the small-business owner the most. Explain your answer.
• Analyze how the small-business owner can take advantage of economic price adjustment. Give your opinion of what you believe would happen if the present economic situation changes the direction of these adjustments. Explain your answer.