Mixed Economy free essay sample

The term that would best describe these businesses would be a mixed economy (socialism and capitalism). A company that does compete in larger contract work will look at long term goals, meaning how long is this contract for, what services or goods will we be provided. Than that company will have their contract personnel do their estimating of figures for manpower, tools, equipment, services, etc. to win the contract so that their company would win the bid for that contract. These companies will start hiring new employees to have the necessary personnel with the skill set to fulfill the contracts’ mission. Many large businesses may win multiple bids with the federal government (departments, agencies or military) which plays a big role in the competition for specific contracts. These businesses may develop or expand their goods and services to keep the flexibility for the company’s growth to keep winning future contracts with the federal government. We will write a custom essay sample on Mixed Economy or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page There are various industries that have been growing continuously but a few that have been growing quickly in the past few years; medical, aviation, military, electronics, information technology or engineering support. The Information Technology industry has been a big part and demand in every industry that needs and requires technical support, especially in most businesses that rely on computer networks. Whether small, medium or large companies’, computers will be the mainstream that will always need to have a person or company to troubleshoot, maintain and manage their networks to an optimal performance. Recently â€Å"Boeing and the government of Qatar signed an agreement on July 21st. for the purchase of the C-17 Globemaster III air lifter to provide new strategic-airlift mobility capabilities for the Qatar Armed Forces (QAF). Qatar will sign a Foreign Military Sales agreement for contractor logistics support with the U. S. Air Force†. The following corporations have been competing in government and military contracts for awhile are: Lockheed Martin, Northrop Grumman, Boeing, ManTech and Boeing.