Submitted by: Submitted by SportyCat
Views: 10
Words: 590
Pages: 3
Category: Business and Industry
Date Submitted: 09/26/2016 01:37 PM
The “X” are the questions with incorrect answers, the “*” are correct answers.
1) What is a core principle that serves as the foundation to good decision making?
Power
X Flexibility
Strategy
Teamwork
2) Which of the following identifies the correct structure of the FAR?
* Part, subpart, section, subsection
Section, subsection, part, subpart
Part, section, subpart, subsection
Section, part, subsection, subpart
3) Which of the following numbers would you add before the FAR cite or clause to indicate DFARS?
* 2
1
3
4
4) Which phase of market research is more focused and detailed?
* Tactical
Operational
Functional
Strategic
5) What is a benefit of effective market research?
To determine if a commercial item is available.
To establish the technical requirements of the customer.
X To assist the source selection authority in establishing the competitive range.
To prevent the use of non-developmental items.
6) What is the first source for required supplies?
* On-hand stock
Commercial sources
Federal Prison Industries
Wholesale supply sources
7) When are qualified bidders lists, qualified manufacturers lists, and qualified products lists used?
* In unique circumstances
For purchases over $100
For all commercial item purchases
In all circumstances
8) Which one of the following can provide information regarding the amount of buyers and sellers in the market?
* Suppliers
Trade shows
Professional organization
Industry buyers
9) What does the acronym SWOT stand for?
* Strengths, Weaknesses, Opportunities, and Threats
Strategies, Weaknesses, Opportunities, Teamwork
Strengths, Weaknesses, Opportunities, Teamwork
Strategies, Weaknesses, Opportunities, Threats
10) Which characteristic is customer-oriented and will help your organization provide a quality customer relationship?
* Use early interventions to anticipate and meet customers’ needs.
Provide...