Identify three (3) risks of the bid strategy Essay Example for Free

Identify three (3) risks of the bid strategy Essay After identifying the customer key evaluation requirements I have identified three risks that may affect our bidding strategy. First, I want to identify why it’s important to know your risks when creating a bid strategy to help you understand why I choose these top three risks. Risk management is the process of identifying risk issues and the options for controlling them, commissioning a risk assessment, reviewing the results and selecting amongst the assessed options to best meet the goals. The purpose of risk analysis is to help managers better understand the risks (and opportunities) they face and to evaluate the options available for their control. (Vose software, 2007) The top risk of the bid strategy for this company would be price. Price was selected as the top risk because although the company would like to win the bid, the price has to be within a range where they could also make money. The second risk selected is Logistics. This risk was selected since the product has to travel overseas. Depending on the time frame and the cost to have the product shipped the product may not make it to the destination in time. It is very important to have the product delivered in a timely manner to satisfy the end user requirements. Thirdly, the last risk selected is Customer Commitment. Our company must follow all the requirements in order to make the end user happy. Since the product is going overseas it will be hard to follow up on maintenance. Without having our own personnel at the end user location or close to the location it will also be a challenge if there are any issues with the product. Based on the three risks of the bid strategies that were selected there are also three opportunities to mitigate each risk. First we have the price, now when negotiating on the rate we will really need to do our research. It’s important to have knowledge of previous pricing and to also include overhead, packaging and transportation. Although, we have to take all these things into consideration we also have to remember we are not the only company bidding on this offer so we must rate acceptable amount. Next, we have logistics. Our company would have to negotiate with a freight forwarder for a reasonable rate to have the freight transported to the final destination. In order to negotiate a reasonable rate we would mention that if the rate offered is good this would be an opportunity for extreme growth. While we are negotiating we would have to make sure the transit times would be guaranteed in order to have freight delivered to the destination on time. Finally, we have customer commitment. This may be the most important opportunity of them all. If our company is able to provide a reliable solution to the end user needs we will gain past performance while making our customer happy. We will provide this service by checking with the customer on a monthly basis and sending an employee over to the end user location every two to three months to check that our products are working correctly. The flip side of risk is opportunity. Every bid carriers with it some opportunities beyond those represented by winning the contract. Potential opportunities include future additions or changes to contract value via market share, maintaining dominance in a particular area, protecting an area or contract from assault by competitors, or using the contract as a gateway to future procurements. Osborne, 2011) In conclusion, by looking into these risks and opportunities we will be able to determine whether we want to bid or no bid. If we cannot provide the end user with the requirements they need in a timely manner at a great cost it will not be beneficial for us to move forward with the bid procedures. As a company we must protect our brand and our products. So, we need to look closely at this conclusion to make our final bid or no bid decision.

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Sex- Based Migration in Black Bears (Ursus americanus) Introduction: Ursus americanus, the American black bear is the most common of the world’s bear species, about up to twelve times more abundant than grizzly or brown bears. They usually occupy forested areas but their habitats are highly variable— from the Louisiana Bayou to the Labrador Tundra, and the Northwestern rain forests in between. (Wilson & Ruff, 1999) American black bears are hunted legally seasonally due to their widespread population and distribution. However, with the increase in deforestation for industrialization in the Tri-State (New Jersey, New York, Pennsylvania) area, the habitat loss could have adverse effects on the black bear populations. An interference with their natural territory could lead to alteration in the dispersal patterns. (Dixon, Wooten, McCown, Oli, Eason, & Cunningham, 2007) Black bears are omnivorous and although a part of their diet consists of meat and insects, they primarily rely on fruits and nuts for their diet. Therefore, a plant’s annual cycle of fruiting is tied to a bear’s annual behavior and its physiological cycle. (Wilson & Ruff, 1999) Bears tend to congregate and gather in an area with an abundance of food and occasionally return time and again to areas with ease of access to foods- like dumpsters. (North American Bear Center) Despite this, black bear dispersal is not reliant on local food shortages in population densities that have been observed. (Rogers, 1987) There are other factors influencing the dispersal and migrations of black bears which have been studied. Urus americanus are not known to monogamous and mate promiscuously. (Rogers, 1987) Males mate with more than one female and disperse more, sometimes looking for oth... ... cubs will be expected to be found closer to or at their initial home range. If however, a larger number of female bear’s DNA is collected farther than their home ranges, it could imply that previous studies bases solely on observation or mark and recapture methods were inaccurate due to the limited populations that were sampled. An observation of this nature could imply that sows dispersed farther in search for new mates or safer dens for their cubs rather than males who were expected to wander away. More likely though, this observation could be an exception to the rule or just flawed collection and processing techniques. Providing that the study conducted is not faulty, it will supply important information regarding dispersal patters of the American black bear. Even the data gathered in the course of this study can be used for further research on Ursus americanus.

Analysis of ‘Icarus’ by Christine Hemp Essay

In the poem â€Å"Icarus,† Christine Hemp uses literary devices to convey that a father-son relationship can be problematic. Hemp pulls a twist on the original myth, and retells it in Icarus’ point of view. Her version of the myth shows that Icarus wasn’t very fond of his father Daedalus; however Daedalus didn’t realize that Icarus wanted to be free. â€Å"bound by the string†¦for years to untie TO I didn’t know†¦to return† (#14 and 15 TO 16 and 17) This quote portrays the emotion Icarus feels towards his father by the use of irony. At this point, the reader understands that Icarus had to deal with Daedalus with only the hope of exiting the prison, but once free he longs to be away from his father. Christine Hemp threw a new strand of emotion into the mix by showing that Icarus wanted to be free; as doing so, he caused a catastrophe. â€Å"Poor Daedalus, his mouth an O below, his hands outstretched to catch the rain†¦Ã¢â‚¬  (#18 and 19) This excerpt shows diction, which illustrates Daedalus’ innocence with the words ‘poor’ and ‘O below’. Hemp also tried to show the difference between Icarus and Daedalus by using asyndeton. â€Å"my clumsiness with figures, father’s calm impatience, cool logic, interminable devising.† (#8 and 9) This shows Icarus’ reasons as to why he doesn’t like Daedalus, and why he tries to be better than his father. Since Daedalus is clueless, he couldn’t prevent Icarus’ death; now the reader can infer that Daedalus will have a life of sorrow and regret, without knowing the truth. Hemp’s use of the devices diction, irony, and asyndeton help the reader further understand the myth in a way the original myth couldn’t.

UW Music 162 - 804 Words

Last Monday, I got to experience a sensational performance by the University Symphony, composed by Dr. Jonathan Pasternack, that enhanced my knowledge and emotional state through the uniqueness of both the symphony and opera act. Having only experienced a symphony once during the course of my life, I was ecstatic to attend such a soothing and joyful concert. The concert was fairly short, it last two hours, and consisted of 2 symphony songs and 1 opera act. The first two were symphony, which were played in a very unpredictable manner. The melody (violins) started off very slow and quickly increased their tempo. The orchestra performed many instances of crescendo and decrescendos; this kept the audience on the edge of their seats in†¦show more content†¦The opera in one act was hilarious and made the orchestra a lot more entertaining to listen to. It made the entire audience feel at ease because the opera was an act accompanied by a consistently steady tempo from the orchestr a: there wasn’t a two part section, slow and steady beat, but consist texture. Overall, the performance turned out a success. Both the symphony and opera act enhanced the audience with the feeling of warmth and laughter. The symphony made me to realize how each section is structured and in order, while the opera act was simple, yet made it very delightful to listen to. Also, It’s amazing how different the symphony and opera act turned out. The symphony followed a four-movement pattern: fast, slow, minuet/dance, fast, while the opera combined both musical and singing element. In essence, the combination of voice and strings as well as the unstructured nature and freedom of the opera led me to emotionally connect with all three pieces of the