Asked by Nicole Brakeman on Sep 28, 2024

When estimating the cost of a contract proposal, which of the following is not likely to be an important consideration?

A) Future staffing levels
B) Employee seniority
C) Opinions of union members
D) Labor market trends

Labor Market Trends

Observations and predictions concerning the changing dynamics of the workforce and employment opportunities.

Future Staffing Levels

Predictions or estimations of the number of employees that will be needed in the future to effectively run an organization or business.

Employee Seniority

The length of time an individual has been employed at a particular company or organization, often influencing job security, promotion priority, and other benefits.

  • Elucidate the influence of financial scrutiny and staff viewpoints on the formulation of contract bids.