Using Of The Media And Its Influence On The Company Success - Assignment Example

Using Of The Media And Its Influence On The Company Success A compliance matrix refers to a table designed to help members of the evaluation team find a good amount of data on the product; and to show that its outcome is effective in achieving set standards (Edward, 2006). As the contract manager of fashion, the company decided to develop a compliance matrix that will cover existing effectiveness of its products in terms of outfits for both ladies and gentlemen (Milton, 2002). The company planned to reach out to most of the customers through electronic media like advertising on television and internet services. This is with the aim of trying to focus on how it can be able to retain the customers amidst the rising competition from other fashion companies that are coming up. ITEM REDUIRED NUMBER COMPLIANT COMMENTS Male suits R1 yes Bought by many Male jeans R6 no Prefer to buy ready made Female shorts R8 no Not all put on shorts, more outfit for ladies needed Some vital information is shared among members where everyone is allowed to bring forward their views based on their experience, but making sure there is no diversion from the set policies and procedures before being granted any rights for proposals. This is done in order to promote understanding from all parties of what they are expected to know.That is, before proposals are made, the chosen products are of quality in terms of prices and satisfaction to everyone’s need with a broader focus on customer satisfaction. This is done among all interested groups or parties who are involved during the process or when end results are obtained by mainly the manager and their employees. Meetings are held either in conferences, public hearings, or could be one on one to help members get at par with what and how the organization is planning to implement its strategies. But this is done after notices in procurement or electronics are used to publicize the information. In the above matrix, males are more favored because of their population. The company targets them by trying to make sure at least a number of them get the desired outfit. This minimizes time wastage in making jeans (Grady, 2007). The company has also realized that it is important to focus on ladies ware since they go with fashion and so require various designs in order to capture a good number of customers by providing quality service to them. This will help increase the customer demand hence more sales of the company’s products. In step two, other stakeholders submit a notice which describes their policies and procedures. This includes the information that must be submitted and the criteria used to make initial evaluation to the organization. This in turn gives advice if they have any potential to become viable competitors, and also if the company is not fit in the competition. This advice is achieved after evaluating all responses under the guidance of the stated criteria. Rights of an employee as regards decision making is also safeguarded and treated with due respect, each one is held as an individual and views respected, until a careful evaluation is done to see if the information is valid or not.If agreed upon, it is subject to approval and is written down as members are encouraged to strive in attaining the set standards. Then a request for proposal is provided where it describes what the set standards are required by the organization, terms and conditions that must apply to the set contract, participants are given an opportunity to make proposals on anything that they feel should be adjusted as pertains the set conditions, terms, the set structure, different approaches in evaluation when it comes to the location of a business, payment and funding. This request for proposal is then compared to what the government had set in order to identify gaps within the structure. Before the rules are set, a careful analysis is done from previous experience where people are asked to identify the gaps they once experienced. A list is made, and then goals are set depending on the matter at hand. An example here, is the fashion company, members decide on the criteria they think it will attract customers more as compared to other upcoming fashions. Priorities are then made from the set goals, as in which ones can be achieved within a short time, and then the intermediate, followed by long term. They also discuss ways in which the set goals can be implemented as they await to present it to the government in different forms depending on the matter at hand, could be, electronic, oral or in writing. Requests are done via electronic commerce like use of facsimile, to issue or receive proposals, in case of any modifications or revisions that are to be done. Here, the contracting officer may consider the size and volume of the proposal, how urgent it is,its availability and whether it is sustainable. If letters are to be used, it applies only to sole source acquisition where it should contain at least response for proposal number and date, type of contract to be completed, quantity, its description and the required date of delivery (Deb, 2006). For the oral Request forProposal, they are only authorized when members suspect that processing a written solicitation would delay the acquisition of supplies or services. It should contain a description of the requirement, the reason for using oral type of solicitation, prices offered, the date, time and name of the individuals contacted among others. After the above are achieved, the partners come up with a uniform contract format that enable to prepare for a solicitation, references to and use of those documents by specific persons like officers contractors and contract administrators. The mentioned contracting officers follow a set format that includes; 1. Parts 1; deals with scheduling that contains sections A, solicitation or contract form. 2. Part 2; contract clauses where the contracting officer shall include the clauses required by law, the present regulation and any additional clauses expected to be included in any resulting contract only if needed in a particular section otherwise, it is taken to be complex. 3. Part 3; list of documents, exhibits and other attachment this could be, the title, date and number of pages. For the company to become a success certain clauses are to be applied and if terminated, may cause unwanted competition and its downfall. An approval of the company should be seen under a certificate of independent price determination. The prices set are usually arrived at independently with an aim of restricting competition, because no member is expected to leak the shared information at any cost unless authorized by the law (Wang, 2008). Rights of a contractor to proceed may be terminated by written notice and hearing only under the set court of lawful jurisdiction, and once a contract is formulated, it is subject to approval if written down and members should strive to attain the set goals. Until the set products of a company are declared public, members are expected to honor the clause of security depending on the set agreement, as pertains to the access to vital information that may bring competition from other companies. The government allows a company to formulate its strategies that are done in writing then submitted to all members under a meeting that is held to enable members to discuss whether it is fit for the market and if it can withstand the upcoming competition before awarding any proposals. After submission from various companies, the government scrutinizes the information presented and brings out a distinguishing rate between viable and non-viable companies. An example, the government seems to support the federal acquisition regulation in matters of security; it provides the court of law jurisdiction once termination is done. This helps the members confide into the set agreement and are sure in case of any violation, they are subject to punishment. The government through the formulated laws has been able to uphold people’s standards in businesses. The government has also come up with policies and procedures that must be met. It has set up standards where before a company proceeds to be given a proposal, careful evaluation is done to determine whether it is fit for the market. The government has helped to protect the public from malicious companies that will tend to take advantage of the poor people who live beyond poverty line and exploit them. This has also helped reduce unnecessary competitions from companies that want to achieve more from efforts that are not rightfully accepted by the government. This means they lack the right to own the name and do business legally. References Deb, D. (2006). Finite element method: Concepts and applications in geomechanics. New Delhi: Prentice-Hall of India. Edwards, V. J. (2006). Source selection answer book. Vienna, VA Management Concepts. Grady, J. O. (2007). System verification: Proving the design solution satisfies the requirements. Amsterdam: Elsevier/Academic Press. Milton, G. (2002). The Theory of Composites. Cambridge University Press. Wang, L., & Xi, J. (2008). Smart devices and machines for advanced manufacturing. London: Springer. Read More