Business, 15.01.2020 00:31, mecennabosaaen

Match each organization with its correct relationship to the government.
lockheed martin
government agency
securities and
exchange
commission
(sec)
2.
government corporation
amtrak
government contractor

Answers: 1

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Answers

answered: alex7881

a. Lockheed Martin is a government contractor

b. Amtrak is a government corporation

Explanation:

a. Lock heed Martin as a Government Contractor

A government contractor is a company that does contracts predominantly supplied by the government. The contracts are financed by the government mostly from tax collection. These contracts vary in type whether it is defense or any other type of contract for that matter.

In the case of Lockheed Martin, this is a defense contractor that has been listed as one of the biggest government contractors over the years. It also has worldwide interest in aerospace and advanced technologies. This company was formed as a result of a merger between Lockheed Corporation and Martin Marietta on the March of 1995.

b. Amtrak as a government corporation

From these information it can be concluded that a government contractor is in most cases is a private company that bids for tenders from the government. The bidding process is usually open to all qualified companies. After thorough assessment of these bids, the government awards the contract to the most qualified company. In the case of Lockheed Martin, the government usually requires a specialized skills in aerospace, and defense.

A government corporation on the other hand is a huge company that is there majorly for the interest of the public. It is usually partly owned by the government therefor receives a combination of state and federal subsidies. It is also usually for non-profit purposes since it is formed for the benefit of the public. The National Railroad Passenger Corporation which does it's business with the name Amtrak is a railway corporation formed in 1971 and is partly owned by the government. It provides railway services of transporting people and goods connecting many states. It therefor serves as a government corporation.

answered: olson1312

Securities and Exchange Commission (SEC)

- government agency

Amtrak

-government corporation

Lockheed Martin

- government contractor

Explanation:

Apex

answered: Guest

the answer is risk management planning

answered: Guest

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Match each organization with its correct relationship to the government.
lockheed martin
...