NIGP CPP Bridge Exam Questions with Correct Answers

NIGP CPP Bridge Exam Questions with Correct Answers Disadvantaged Business Entity - Answer-Business in which majority ownership belongs to members determined to be historically underprivileged because of a predetermined social advantage small business - Answer-an independently owned firm, corporation, or establishment having a small number of employees, low volume of sales, small amount of assets and limited impact on the market Small Business Administration - Answer-Congress created this administration, whose function is to "aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns." Micro business - Answer-employs fewer than five people (including the owner) Greenwashing - Answer-disinformation disseminated by an organization so as to present an environmentally responsible public image. Sustainable construction - Answer-The practice of creating structures and using processes that are environmentally responsible and resource-efficient throughout the lifecycle of the building. Leadership in Energy and Environmental Design (LEED) - Answer-An internationally recognized green building certification system and is one of the most popular green building certification programs used worldwide. acquisition - Answer-The process of acquiring property or services that are already in existence, or that must be created, developed, demonstrated and evaluated. Strategic Planning - Answer-A course of action to achieve long-range goals, generally up to five years. Reflects the company's direction and its purpose as stated in its mission statement. Tactical planning - Answer-A course of action to achieve short-term goals, generally within a year or less. They are concerned with what the units beneath top management must do, how they must do it and who has the responsibility. They have shorter time frames and narrower scopes that the strategic plans. regulation - Answer-A statement by a governmental body to implement, interpret, or prescribe law or policy, or to describe the organization, procedure, or practice, often promulgated in accordance with an administrative procedure act. policy - Answer-A governing principle or plan that establishes the general parameters for an organization to follow in carrying out its responsibilities. procedure - Answer-An established or official way of doing something Common Law - Answer-(civil law) a law established by following earlier judicial decisions responsible - Answer-A business entity or individual who has the integrity and reliability as well as the financial and technical capacity to perform the requirements of the solicitation and subsequent contract.