Week 7 Learning Activity #1 You are an incumbent prime contractor on a service contract that you have held for many years.

Week 7 Learning Activity #1You are an incumbent prime contractor on a service contract that you have held for many years. Consequently, you labor costs and fringe benefits have grown “fat” and you are worried that a competitor will come in and underbid your costs and steal the program from you. What are some options that are available to you? Are there any defensive actions you can take?Week 7 Learning Activity #2You are a contractor with a contract that requires you to provide “staff augmentation” support at a local USMC base (i.e., your employee will be on base, working together with DoD civilian and military personnel). One of your best employees is obese. The local Marines, all buff and in tip-top shape, chafe at the presence of your overweight and out of shape employee and demand that you “fire them” or they will terminate your contract. What should you do?Please cite the Federal Acquisitions Regulation (FAR)