100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CON 1200V - UNIT 3: UNDERSTANDING MARKETS AND SUPPLIERS QUESTIONS AND ANSWERS A+ GRADED £7.11
Add to cart

Exam (elaborations)

CON 1200V - UNIT 3: UNDERSTANDING MARKETS AND SUPPLIERS QUESTIONS AND ANSWERS A+ GRADED

 6 views  0 purchase
  • Module
  • Institution

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 management ...

[Show more]

Preview 1 out of 4  pages

  • November 29, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
avatar-seller
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 management process. This process is
accomplished through business development called
Relationship selling
The Federal Acquisition Regulation (FAR) or Defense Federal Acquisition
Regulation Supplement (DFARS) apply to most federal agencies, and individual
organizations often have their own rules as well.

Common rules include:
* Size standards that vary by industry and determine whether or not a business qualifies
as small.
* Sourcing rules that prevent government contractors from manufacturing their own
materials.
* Legal requirements like the Buy American Act and the Trade Agreements Act.
* Limits to how much you can subcontract and who you can subcontract with.
* Minimum amounts for you to spend on work or materials for the contract.
________ helps the corporation focus on what they do best, and eventually, will
be known for.
Specialization
The overall life cycle of a contract has four key stages:
1. Strategic sales planning.
2. Pre-award including capture planning and award.
3. Post award including contract fulfillment and reporting; and
4. Contract completion and renewal.
During the _______ stage, companies must determine if opportunities match their
core competencies, and prepare their proposal and team to win the business.
pre-award
There are many factors to consider in order to win government contracts, such as
the ____________, _________, ___________, and _________.
type of contract, the length of contract, whether there is a set-aside for small business
or minority groups, and the geographic location.
In an effort to eliminate competitors, contracts will ________.
try to shape requirements tailored to their offerings.
The most skilled government contractors shape the requirements in the
____________ to raise their win probability. They influence the government to
customize _________ requirements to them, specifically, and seal the deal with
the perfect proposal.
solicitation, solicitation
From the perspective of the contractor, the steps to shape the requirements in a
solicitation are as follows:

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller TopGradeSolutions. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £7.11. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

50990 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling
£7.11
  • (0)
Add to cart
Added