STRAYER LEG440 WEEK 1 AND 2 DISCUSSIONS

WEEK 1 DISCUSSIONS”Guide to Use” Please respond to the following:Conclude whether or not the FAR effectively creates standards that will allow government contracts to meet the government’s mandate that procurement create cost savings for the public, as well as assist in economic recovery. Provide a rationale to support your response.From the e-Activity, specify the primary manner in which the cooperative strategies that the FAR advocates help to promote the efficient and cost-effective acquisition of goods and services for federal agencies. Support your response with one (1) example of an instance where a federal agency has benefited from a cooperative strategy.WEEK 2 DISCUSSIONS”Procurement Methods” Please respond to the following:Analyze two (2) procurement methods. Suggest whether the methods in question are more valuable in either securing a quick savings or creating a long term strategy for government procurement. Provide a rationale for your response.Compare and contrast the relative values of the fixed price contract versus the Multiple Award Schedule (MAS) contract. Provide one (1) example of each contract type in use, and, with the examples, elaborate upon the essential manner in which risk of loss is reduced.