Description
Describe several historical legislative acts that have institutionalized better business practices within the DoD acquisition community.
Here is a link to DOD Best Business Practices. Link: http://dbb.defense.gov/Portals/35/Documents/Reports/2013/FY13-03%20Applying%20Best%20Business%20Practices%20from%20Corporate%20Performance%20Management%20to%20DoD.pdf
After reviewing the Best Business Practices, find one that you find to be the most important and write about why it is so important.
Write a two-page paper, plus the title page and a reference page. As always, read all the lesson notes before you start this assignment as new or current events may have been updated since the start of class.
Writing Instructions (Please do read this):
•Written communication: Written communication is free of errors that detract from the overall message.
•APA formatting: Resources and citations are formatted according to APA (6th edition) style and formatting.
•Length of paper: typed, double-spaced pages with no less than a two-page paper.
•Font and font size: Times New Roman, 12 point.
Explanation & Answer
please find the attached file. i look forward to working with you again. good bye
Running head: BEST BUSINESS PRACTICES
Best Business Practices
Name
Tutor
Institution
Course
Date
1
BEST BUSINESS PRACTICES
2
Paying Attention to Cost Drivers
Paying attention to cost drivers, which is mostly adopted by the private sector, is one
of the most important best practices that every organization should consider adopting. Cost
drivers are activities or volumes which determine the cost to be incurred. For every project,
there are certain activities which significantly influence the cost. These are the cost drivers of
the project which should be closely monitored. The ability to identify these cost driving
activities would ensure that the department is able to plan on how to effectively execute these
activities at a lower cost, substitute them, or eliminate unnecessary...
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