List three major contract types that government utilizes

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1. Government employees operate under several standards of conduct because of the public trust. Is there ever a situation in which a government employee may accept certain gifts under exceptions to the rules but an overriding principle would guide the person to not accept the gift? What is the overriding principle and purpose behind it?

2. List the three major contract types that the Government utilizes. For each contract type, give an example of when it would be utilized.

3. You are the owner of a small business. Would you incorporate short-term incentive plans into your compensation management strategy? Why or why not? If so, which types would you consider? Why?

Reference no: EM132260589

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