Firm Research

Firm Research

Introduction

According to recent researches and surveys, the government of United States is considered as the world's biggest purchaser of the services and products. Furthermore, it is also observed that, purchase by civilian and military installation amounts to approximately two hundred billion dollars per year ($200 billion/year), and incorporates everything from compound space vehicles to cancer research and janitorial services. In precise words, the government of United States purchases about every type of products and services that are available (Wright Communications LLC, 2013).

Recent researches and studies demonstrate that, in legal term, federal agencies are needed to develop contracting goals, like twenty three percent of all government purchases are deliberated to go to small business. Furthermore, the contract goals are also introduced for small disadvantaged businesses, women owned businesses, service disabled veteran owned businesses and firms or organizations located in HUBZones. The proceeding paper aims to analyze the firm research. Current study also demonstrates the small-business line of business (LOB). Moreover, the study also determines that which federal government procurement opportunity is aligned with the small-business line of business (LOB), by using the website of the federal business opportunities (Wright Communications LLC, 2013).

This study also incorporates the current strategies of the firm while assessing the strategic success by using soft indicators or financial figures as the background. The paper also provides the SWOT analysis. This may greatly help in determining the external and internal factors in servicing the federal government. Moreover an action plan is also provided in the study, in order to satisfy the expected requirements.

Discussion

Small-Business Line of Business (LOB)

In business terms, line of business (LOB) is considered as the general term that demonstrates the services or products that are offered by any manufacturer or business. The selected organization for this study is Wright telecommunications LLC. Wright telecommunication LLC is one of the most famous and well known women owned small-business. This women owned small-business is looking for for an opportunity to do their business with the federal government of United States. The reports of the Wright telecommunication LLC demonstrate that, its line of business (LOB) includes communication services and IT solutions (FEDBIZOPPS.GOV, n.d.).

It is observed that, there is a tough competition with in the industry of telecommunication. It is because of the reason that, all the organizations and businesses that are operating in the industry of telecommunication are working hard, in order to prove their services different from their competitors. It is observed that, it is necessary for the businesses and organizations to offers innovative services and products to their customers. This may greatly help them in standing out from their competitors. It is due to the reason that, services and products are considered as the back bone of the lines of business (LOB). Wright telecommunication LLC offers various innovative services and products and services and do not offers just top notch customer services. Video teleconferencing is one of the most innovative and beneficial techniques that are provided to by the Wright telecommunication (Franklin, ...