Supreme construction company began as a small

Assignment Help Finance Basics
Reference no: EM13750427

What's Affirmative Action?

Supreme Construction Company began as a small commercial builder located in Baytown, Texas. Until the early 2000s, Alex Boyd, Supremes' founder, concentrated his efforts on small, freestanding shops and offices. Up to that time, Alex had never employed more than 15 people. In 2008, Alex's son Michael graduated from college with a degree in construction management and immediately joined the company full-time. Michael had worked on a variety of Supreme jobs while in school, and Alex felt his son was really cut out for the construction business. Michael was given increasing responsibility, and the company continued its success, although with a few more projects and a few more employees than before. In 2012, Michael approached his father with a proposition: "Let's get into some of the bigger projects now. We have the capital to expand and I really believe we can do it." Alex approved, and Supreme began doing small shopping centers and multistory office buildings in addition to work in its traditional area of specialization. Soon, the number of employees had grown to 75. In 2013, the National Aeronautics and Space Administration (NASA) released construction specifications for two aircraft hangars to be built southeast of Houston. Although Supreme had never done any construction work for the government, Michael and Alex considered the job within the company's capabilities. Michael worked up the $1,982,000 bid and submitted it to the NASA procurement office. Several weeks later the bids were opened. Supreme had the low bid. However, the acceptance letter was contingent on submission of a satisfactory affirmative action program.

 

Questions

1.  Explain why Supreme must submit an affirmative action program.

Read and answer question 1 in one page , typed in double space, using a font size not less than 12. Please submit your answer in a Microsoft 

Reference no: EM13750427

Questions Cloud

Discuss the succession planning process. : It is important that health care organizations train and mentor potential successors for critical positions. One way organizations do that is through succession planning. Define succession planning, explain its importance to organizational vitality, ..
Size of the bureaucracy : In response to the constant cry for reduction in the size of the bureaucracy, the government typically.
Compare seaburys arguments for cooperation with britain : Compare Seabury's arguments for cooperation with Britain with Paine's arguments for independence. Which do you find most persuasive? Why?
Determine the output displayed when the button is clicked : Determine the output displayed when the button is clicked. Assume the five lines of the file Dates.txt contain the numbers 1492, 1776, 1812, 1929, and 1941 and the file is in the appropriate folder
Supreme construction company began as a small : Supreme Construction Company began as a small commercial builder located in Baytown, Texas. Until the early 2000s, Alex Boyd, Supremes' founder, concentrated his efforts on small, freestanding shops and offices. Up to that time, Alex had never employ..
Describe way that geography of italy influenced rise of rome : describe the two ways that the geography of italy influenced the rise of rome.
Develop a requirements traceability matrix : Discuss the need for requirements verification and validation, develop a requirements traceability matrix that depicts how requirements are satisfied throughout the software development lifecycle, and conduct requirements reviews
Create a program in java that displays hello world : Create a program in Java that displays "Hello world!" Take a screen shot that shows the program's successful compilation and execution
How the new united states was able to emerge : how the new United States was able to emerge. You will want to discuss the decisions England made in the aftermath of the French and Indian War, as well as sketch the course of the war itself.

Reviews

Write a Review

Finance Basics Questions & Answers

  Its year-end assets were 200000 the firms total debt to

during the latest year ruth corp. had sales of 300000 and a net income of 20000 and its year-end assets were 200000.

  Explain the role the government plays in personal finance

Explain the role the government plays in personal finance (focus on regulations, laws, economic policy, etc.).

  Multiple choice questions on basic financial

multiple choice questions on basic financial management.1.nbspwhat is the primary goal of financial

  Prestopino turns out 1500 batteries a day at a cost of 6

prestopino turns out 1500 batteries a day at a cost of 6 per battery for materials and labor. it takes the firm 22 days

  Macy financial position

Discuss the company's strengths and weaknesses. In your own opinion, do you feel Macy's is in a good financial position today?

  Compute the current share price

Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next fifteen years, because the firm needs to plow back its earnings to fuel increase.

  Wat would be the short-term implications what would be

the following information was taken from the 2009 financial statements of pharmaceutical giant merck and co. all

  What is the estimated value per share of boehma stock

The required rate of return on the stock, rs, is 13%. What is the estimated value per share of Boehma's stock?

  Compare channels of distribution to product and price

Please compare Channels of Distribution to Product, Price, & Promotion in terms of its importance within the Marketing Mix.

  What will be the total profit from the butterfly spread

Suppose you are creating a butterfly spread using 3 put options with different strike prices.

  What is the cost of common equity

MEC's tax rate is 40%. Two projects are available: Project A has a rate of return of 14%, while Project B's return is 9%. These two projects are equally risky and about as risky as the firm's existing assets.

  The companys assets are financed with some combination of

bartley barstools has an equity multiplier of 2.4. the companys assets are financed with some combination of long-term

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd