Technical and Cost or Price Evaluations and Price Reasonableness Research Paper

Technical and Cost or Price Evaluations and Price Reasonableness - Research Paper Example This aspect is anchored in the construction company’s policy framework given the benefits which accrue from practicing transparency within the firm. This takes the form of corporate social responsibility at a firm’s level. At the individual level, each person at within the organization is expected to uphold justice, integrity and workplace etiquette. According to American Society of Civil Engineers (2012), the application of fairness and integrity during the technical evaluation results in successful project completion. Integrity is an ethical aspect, which both the natural and corporate persons ought to practice in technical evaluation. This virtue incorporates many ethical values; hence it is a pillar in any successful firm. In fact, most organizations maintain high standards of ethics in the society in order to remain relevant and to enhance the organization’s going concern. Ethical compliance organizational and financial prowess often propels organizations to great heights in business performance. This will help in the achievement of the goals; the returns of firms increase and the shareholder wealth will be created with ease. Technical evaluation and the factors used to determine the competitive range Technical evaluation influences many factors, which determine the competitive range of a particular contract. ... The compliance to fairness, justice and integrity during project evaluation depends on the leaders holding the whims of power. All stakeholders focus on the actions and demeanor of their leader. According to Hansen& Zenobia (2011), technical evaluation enables a company to have a competitive advantage. This has been operating efficiently due to strategic operation management. The technical evaluation culminates in the achievement of a competitive advantage due to the customization of contract services. Technical evaluation culminates in the competitive advantage of a contractor. The market forces determine the prices of contract services in the market. Free trade is not appropriate for developing countries. This is because free trade will make the contractors for the poor to compete internationally with the stable companies. This will further impoverish these companies. Sears, Sears & Clough (2010) assert that regulation in the market may be equal but the financial and economic capab ilities of these companies vary. In the absence of government intervention in the private sector often low income countries, which majorly constitutes of small-scale companies and farmers, will lose their production of the stable international companies. The creation of wealth starts from the protection of the little wealth a nation or individual owns. Trevin?o & Nelson (2011) further posit that free trade results in the flow of skilled workforce from the poor countries to the rich nations because of favorable remuneration. In this regard, the free trade exposes the poor nations to exploitation because foreign investment in poorer countries will deprive the poor of income. Services delivered by the

Short essay Example | Topics and Well Written Essays - 750 words - 1

Short - Essay Example The third principle of realism is that interest is defined as power being an objective group that is generally legitimate, although it can change its meaning. The fourth is the knowledge of both moral principles of political action and the tension between moral commands and the requirements of successful political action. Additionally, the fifth principle of realism affirms that moral laws governing the world are different from morals of any nation. Finally, the last principle of realism asserts that there is real distinction between political realism and other realisms. The idea of power is broadly defined and there is no distinction between resources giving state power such as military, and the action of one country exercising power over another. It is something that makes someone have authority over the other due to social differences such as violence and psychological ties. Neo-realism Neo-realism ignores the classical realism concept to explain international politics, but develo ps a theory that favors structural constraints on agent’s strategies and motivation. It highlights that international disorder is the main cause of disturbance in global politics. Kant’s three â€Å"definitive articles† that define what is essential for perpetual peace are: Each state has to have a republican constitution The law of nations shall be founded on federation of free states World citizenship Liberal democracies do not go to war against one another because they feel that war is costly and there are no aggressors. However, liberal democracies go to war against non-liberal states so that the big democracies can consolidate power by invoking nationalist rhetoric and stirring up regional hatred. Marxist Theories The instrumental Marxist theory covers the economic structure due to the feeling that the economy determines everything and promotes the high class. Structural Marxism dwells on the thought that law can be changed by other means and it gives hope to the lower class families that they can improve their status regardless of their current social and economic status. The role of state in Marxist theory is maintenance of the necessary general conditions for the reproduction of the wage labor/capital relation which is the heart of bourgeois societies. Marxist theory differs with idealist and realist theory because it provides a framework of analyzing society and acts as the end goal for all thoughts. It also offers practical solution to social and political problems Theotonio Dos Santos defines dependence as a past circumstance that shapes a particular structure of the world economy, so that it favors some countries to the disadvantage of others and restricts the growth prospect of the minor economics. Bipolarity Factors that limited interstate violence, according to Waltz are, economic interdependence, democratic peace theory, rise of international institutions such as NATO, and the US unipolar moment. Waltz believes that a count ry cannot just go to war with a nation that does not pose any threat to it. The second reason why countries cannot go to war is economic interdependency when one state enjoys economic monopoly and the other state depends on it. Additionally, the rise of international institutions serves the interest of most powerful nations and the unipolar moment enjoyed by