WEEK 5 ASSIGNMENT

Week 5 assignment

Week 5 assignment

Question 1

a. It is not necessary that Bright Paints could win every zero percent markup bid because there may be other competitors participating in the tender with zero percent markups. In addition, if the competitor bids with competitive pricing it could result in losing tender. That is why Bright Paints cannot win all of contracts with zero percent markup rates.

Bright Paints might have achieved economies of scale in some areas where company is operating with low profit margins and effective strategies. Bright Paints used to bid on the contracts with zero markup rates ...