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Exam (elaborations)

CLE 028 Market Research for Technical Personnel Exam Answered

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CLE 028 Market Research for Technical Personnel Exam Answered

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November 28, 2023
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2023/2024
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CLE 028 Market Research for Technical Personnel Exam

1) Which of the following sources can secondary research be gathered from?
• Group surveys
• Personal interviews
• In-depth interviews
• Commercial sources such as pamphlets, newsletters or newspapers

2) For the DoD, market research is defined in which document?
• Federal Acquisition Regulation (FAR) Part 2
• Federal Acquisition Regulation FAR) Part 10
• The Defense Acquisition Guidebook
• DoD Instruction 5000.02

3) Which of the following information can be collected from potential sources as part of a strategic
market research effort?
Number of suppliers in the market; market share
All of the answers are correct
Potential suppliers
Commercial business practices, terms and conditions

4) Which of the following is the ultimate goal of both strategic and tactical market research?
• To eliminate the need for testing and evaluation
• Provide acquisition technical personnel with enough knowledge about the market to
make good decisions
• Provide another way to expand the budget of a project
• Provide acquisition technical personnel with less information so that decision can be
made quickly.

5) Which of the following are those expenditures incurred to conduct market research by members
of the program team?
• Direct Costs
• Specification Costs
• Standardization Costs
• Procurement Costs

6) Which of the following are good sources of information for tactical market research?
• Commercial databases
• All of the above
• Known suppliers
• Conferences and trade shows

7) In which of the following situation should market research be considered:

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