(FAR) Quality Assurance Research Paper Example | Topics and Well Written Essays - 750 words

(FAR) Quality Assurance - Research Paper Example An implied warranty automatically protects the government upon the sale of an item, unless it is overridden by a disclaimer. An implied warranty of merchantability ensures government purchases items of good (average or above) quality and fit for an ordinary purpose intended for, while an implied warranty of fitness protects the government against unsuitable services or products for a specific purpose, known to the recommending seller of the item. Keywords: Defective Products, Items, Contract, Warranty, Acquisition, FAR, Disclaimer, Liability, Cost Determining Criteria to invoke a Warranty in FAR Contracting officers of the government have a crucial role to play, especially in considering commercial practices in handling contracts between the government and contractors, for a smooth exchange of the commercial items or services. Considering the various defects or gross mistakes that may arise in the provision of the commercial products, even though warranties are not compulsory in thes e contracts, such challenges push for the need of the warranty in specific acquisitions. According to the FAR part (46) section (703), contracting officers assess the nature and use of the services or suppliers, trade practices, administration and enforcement, cost, and reduced requirements to determine the appropriateness of a warranty for an acquisition in a contract. Warranties are an extension of the standing relationship between the contractors and the government, but also extend the liability cost to one of the parties based on the matters that may arise from the contract. Similarly, warranties support inspection and acceptance practices in quality assurance of the contracts. When an analysis of the above factors is conducted and the need for a warranty in a specific acquisition found, then in the best interest of the government, a warranty clause can be used. The government acquires the warranty when it is cost effective. In any case, the government would want to reduce the b urden in maintenance, use or operation, and additional costs that may arise due to potential undetected defects. That is why such factors like difficulty in detecting a fault prior to acceptance, assessing potential harm to the government in case of a defect, complexity and function of a an item or service, end use, degree of development, and state of the art under FAR 46.703 part (a) have to be evaluated. The arising costs coming from the deferred liability on the contractor’s side and warranty enforcement of the government’s side, extended trade practice in the cost of a warranted item to the government, the ability of an assured administrative system to report on discrepancies, and reduced government quality assurance requirement would necessitate the government to include a warranty. Through the procedure, the government would ensure that the non conformance is covered in the warranty clause of the contract. Protection against Defective Services Express Warranties They frequently characterize the majority of the government contracts. Some can be complex, but are often specific to service contracts. These warranties can be oral or written, but for official purposes to the government, a written form is often common as a claim for its existence and avoiding chances of contractor’

Organisation & Behaviour Essay Example | Topics and Well Written Essays - 6250 words

Organisation & Behaviour - Essay Example een studied by taking into consideration a multinational company, namely Goldman Sachs and a domestic business based in UK, namely Carrington Carr Group. The ways in which organization behaviour have been able to influence the business performance of Goldman Sachs and Carrington Carr have been compared in this work. The leadership style and the motivational approaches followed in these companies have been studied to determine their impacts on the individual and group behaviour in the workplace. The role of technology in effective functioning of the business teams especially in case of wide spread business units have been studied in this work. Based on the comparative evaluation of the two organizations and the behaviour of their employees in the workplace, the key factors for influencing the organizational behaviour and long term value of the business has been recommended. The two organizations chosen for this discussion or organization and behaviour are Goldman Sachs and Carrington Carr Group. Carrington Carr Group is the domestic company that is based in UK while Goldman Sachs is the multinational company in the same industry that deals with the products of financial services, wealth management, investment and insurance. Goldman Sachs is a leading investment bank that provides financial services in the form of investment management and wealth management services to its clients and includes a wide range of products including mutual funds, asset portfolio with a mix of debt, equity, insurance products, etc. Goldman Sachs is headquartered in US with its business spread across various countries all over the world offering investment services and advisory services in the areas of wealth management, protection, etc. The organizational structure of Goldman Sachs reveals that the US based investment banker and financial advisor is governed by a Board of Directors that is headed by their Chairman and Chief Executive Officer with as many as 13 members in the Board. The