BUNDLED-CON 1200V EXAM QUESTIONS AND ANSWERS A+ GRADED

CON 1200V EXAM QUESTIONS AND ANSWERS A+ GRADED Which one of the following contract types is considered an incentive type contract? 1. Cost Contract 2. Firm Fixed Price 3. Time and Material Contracr 4. Cost Plus Award Fee Contract Cost Plus Award Fee Contract (FAR 16.401(e)) Which one of t...

CON 1200V EXAM QUESTIONS AND ANSWERS A+ GRADED Key Elements for Describing Agency Needs (According to FAR 11.002(a) - Use market research - Promote full and open competition - Limit restrictive provisions and conditions - Look for commercial solutions - Focus on Function, performance, and ...

CON 1200V EXAM QUESTIONS AND ANSWERS A+ GRADED Acquisition Planning The action of developing the overall strategy for managing the acquisition When should Acquisition Planning begin? As soon as the need is identified Where in the FAR is Acquisition Planning FAR part 7 & DFFARS part 207 Wh...

CON 1200V EXAM QUESTIONS AND ANSWERS A+ GRADED Purpose of the Small Business Act Established mandatory small business contracting goals & small business programs applicable to all Federal agencies Where in the FAR will you find Small Business Programs? FAR part 19 What is the 8(a) Program? ...

CON 1200V EXAM QUESTIONS AND ANSWERS A+ GRADED What are the two Domains in the Pre-Award Phase? Domain A & Domain B Domain A Develop Solicitation: The process for the buyer of determining and explaining requirements Domain B Develop Offer: The process of the seller of developing business p...

CON 1200V - UNIT 4: ACQUISITION PLANNING QUESTIONS AND ANSWERS A+ GRADED Is the act of planning, and is required in every acquisition. Acquisition planning. Is a physical document and does not have to be completed in every acquisition. Acquisition Plan When should acquisition planning beg...

CON 1200V EXAM QUESTIONS AND ANSWERS A+ GRADED Federal Acquisition System System for delivering best value products/services timely. Public Trust Confidence the public has in government actions. Public Policy Objectives Goals set to guide government actions and decisions. FAR 1.102(a) Re...

CON 1200V - UNIT 3: UNDERSTANDING MARKETS AND SUPPLIERS QUESTIONS AND ANSWERS A+ GRADED Industry's motivation is fueled by by federal requirements and the needs of the customer as identified through a well-defined business development, capture management, and eventually, proposal managemen...

CON 1200V - LESSON 2: DEFINING, DESCRIBING, AND SHAPING INTERNAL CUSTOMER REQUIREMENTS How does the FAR define the terms supplies, end product, services, and construction? Supplies: Means all property except land or interest in land. It includes (but is not limited to) public works, buildings,...

CON 1200V - UNIT 5: EXECUTING A SALES PLAN: BUSINESS DEVELOPMENT AND CAPTURE (INDUSTRY) The most important aspect of corporate growth is developing a ________ ____ and _____ _______. target market; sales strategy Which of the following is successful business development not impacted by: a...

CON 1200V EXAM QUESTIONS AND ANSWERS A+ GRADED What are the two types of contract modifications? bilateral and unilateral T/F: Overriding goal of a private sector-for-profit company is to maximize value of company to shareholders. True T/F: Best way to win a contract award is to start the p...

CON 1200V EXAM QUESTIONS AND ANSWERS A+ GRADED What defines performance-based acquisitions and describes required results in clear, specific and objective terms with measurable outcomes? Performance Work Statement (PWS) What establishes and defines all non-specification requirements for con...