Roberto owns a janitorial service company. Over the past five years, the bulk of his business, about 80 percent, has derived from a long-term service contract with the federal government. He learned today that his company will not be awarded an extension of the contract, and thus his company's work for the government client must cease within 30 days. The very negative impact of this decision on Roberto's company is a reminder that
A) contracting with the federal government is not profitable over the long term.
B) a firm that does not achieve affirmative action goals must implement a corrective action plan.
C) government clients cannot be relied upon to be good business partners.
D) long-term services contracts are not good for business.
E) an organization is at a disadvantage if it depends too heavily upon powerful customers.
Correct Answer:
Verified
Q14: Carroll Cereals Inc. is a major supplier
Q15: _ occurs when weaker companies are eliminated,
Q16: When an industry matures, profits drop. Weaker
Q17: Advances in genetic engineering are expected to
Q18: Netflix, Amazon, and YouTube have recently emerged
Q20: _ is/are composed of all relevant forces
Q21: Jameson Products is the only provider of
Q22: Competition is most intense when there are
Q23: Identify the environmental factor that is a
Q24: Dennis, a senior manager at VST Corporation,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents