Bidder College Essays Samples For Students

a).
In the introduction of the article, “Counterspeculation, auctions, and competitive sealed tenders” William Vickrey (1961) mentions the study by A.P Lerner titled “Economics of Control” which suggested a strategy known as “counter speculation” that can be used by state agencies in imperfectly competitive markets to create conditions that facilitate the maintenance of marginal conditions for efficient resource allocation. Vickrey however mentions that the process of carrying out this strategy was not clearly laid out in this initial study. Vickrey then suggests that studies seem to indicate that most of the devices incorporated into this strategy often turns out to ...

For Relocating Company Head Quarters

REQUEST FOR PROPOSAL
FOR
RELOCATION OF COMPANY HEAD QUARTERS
Solicited by
John Bakers & Sons Inc.
537, Washington Boulevard, Jersey City
New Jersey
LIST OF CONTENTS
Section No. Title Page No
Administrative Overview 4
Authority 5
Timeline of the proposed Work 5
Disqualification of Proposal 6
Terms and Conditions 7
Contract Award 8
2. Statement of Work 8
2.1 Eligibility Criteria 8
2.2 Scope of work 8
2.3 Description of items 8
2.4 Work Site Location and Conditions 9
2.5 Duration of work 9
2.6 Disposal of Waste 9
2.7 Installation 9
2.8 Supervision 9
2.9 Worksite and Transit Damage ...

Description

The Independent Value Model provides variables for research calculations of various different types of auctions. The auction website under study is https://www.autorola.eu/. The website offers cars for auctions. There are online sellers and bidders and website makes money through charging the sellers for placing their bids. The website has around two thousand unique visitors per day and its worth is about USD 12,000. Moreover, it has been making handsome income of about USD1000 per month, according to web statistics provided by http://webworthcalculator.com. The yearly income is around USD 14,000.
The website does effective marketing to reach ...

The existing laws on procurement in many states have now defined and clearly distinguished between the lowest bidder and the lowest responsible bidder. For anyone to have the fulfilment of enjoying the awarding of a tender, he or she must be the lowest responsible bidder. The divergence between the two is the word responsible and it carries immense weight to the whole definition. A bidder is said to be responsible if he or she can perform the contract of supply of goods and services as promised . This encompasses several attributes that include trustworthiness, fitness of the goods, as well as ...

Part One: Need Identification and Specification

Question 1: First question will be asked to the client about the type of hardware and software it requires for the set-up of operations.
Rationale: The rationale behind the question is to ascertain the basic need of the client to purchase a standard or special equipment.

Question 2: Second question that will be asked to the client is about the quality of the hardware and software.

Rationale: The rationale behind asking the question is to determine the level of quality required by the client in comparison to cost.

Question 3: Third question is about the quantity of the hardware and software required to train the customer representatives.

Question 4: Forth question will be asked about the person that will be involved in the training of the customer representatives.
Rationale: The rationale behind the question is to determine the ...

1. Background

The Jubilee Motor Company which was established in 1982 specializes in the manufacturing and distribution of various types of vehicle models, as well as spare parts for all products. The company comprises of numerous departments to ensure a smooth and efficient workflow. Customer satisfaction is highly prioritized by the company hence the customer services department offers a range of services to enhance client’s satisfaction after sales. Such services include providing timely response to customer’s feedback and complaints while updating them with the new models and latest offers from the company. The company’s customer service, sales and ...

A.

A merger of two companies can be looked in either ways. Some of the economically justifiable reasons for mergers include:

Acquiring intangible assets such as trademarks, patents, etc
Economies of scale can be justified with the merged entity
Sum of the parts is greater than the individual as a whole
Gaining a dominant market share in markets where anti-competitive rules are not very strong
Offsetting taxes by using accumulated losses
Temporary distress in the target firm but with better future prospects
Some of the doubtful or illogical reasons for mergers include:
Diversification in an entirely unrelated line of business
Poison pill, or to load the company in so much debt that it becomes unattractive for hostile takeovers.
Current ...

An auction is the course of buying and selling of goods and services by presenting them for a proposition, taking propositions, and latter vending the item to the highest bidder. The process of auction has a long history tracing their origin back to the 500 BC where beautiful women were held for auctions. In the 18th century, actions by candle began to be applied for the sale of goods with the auction coming to an end when the candle flame is blown out. In the contemporary world, however, the auctions have progressed to the point where it is done over the ...

In the opinion of Pickett and Pickett (2012), corruption may be described as the misuse of power for individual gain. Sometimes, corruption is interchangeably used with bribery. In the opinion of Santoro and Strauss (2013), bribery is the act of offering, seeking or receiving any valuable item to sway the actions of people with power in discharge of public duty. Forms of corruption involve fraud, embezzlement, favoritism, collusion, and extortion. Evidence shows that corruption and bribery have been practiced for many years; although up to date, they have attracted increasing attention. It is unclear whether the attention of corruption ...

There are numerous benefits of Internet auctions to sellers, buyers and market makers in an auction.

Internet technology has changed the manner in which business can be conducted, online auctions allow users to participate in online markets without the limits of time or geographical location. This nature of doing business online is flexible; just with a computer device and internet connection, users can buy products online cost- effectively, this platform has a lot of advantages and a few disadvantages.

Advantages include:

A physical location is not necessary
The products being sold in an online auction do not require a physical location, it is possible to manage the inventory online. Once a sale has been done, then the ...

What advice would you give Dollar General about its expensive expansion plans? What do you think are Dollar General’s Greatest strengths and opportunities?
Dollar General’s expansion plans are unnecessarily expensive as of the moment as the bid to acquire Family Dollar Store is more important. Notably, it will open up its markets to rural areas that Family Dollar had acquired customers in. Besides, acquiring the firm minimizes the risk of an ill-informed venture and will also be cost effective as no new stores will have to be opened.
Notably, Dollar General can boast the largest customer base ...

Introduction

Ethics occupies the place of paramount importance in government contracts. The standards of accountability and responsibility in the area, where the business coalesces with the public administration are much higher than in the purely commercial segment (Duska, 2007). Private suppliers of the United States public administration services are found everywhere from healthcare industry to the Department of Defense research and development endeavors.
Thus preserving integrity and probity of the government contracting relations, as well as assuring just and equitable treatment of the bidder is highly essential for harmonious functioning of the state (Machan, 2007). Improper conduct often overlaps with ...