Con 3990 Exam prep | Questions
and Answers Rated A+ | 2024/2025
Market research is the process used to determine?
- Correct Answer -If industry can support the acquisition need of
the government
When is market research required for all federal government
contract requirements?
- Correct Answer -When they exceed the SAT and for certain
requirements below SAT when adequate information is not
available in circumstances justify the cost
Market research is conducted to determine if commercial
products/services or non-developmental items are available to
meet government needs or can be modified. True or false
- Correct Answer -True
,The CO may use market research conducted within ___ months
before the word of any task or delivery order if the information is
still current, accurate, and relevant
- Correct Answer -18
What are the different types of market research?
- Correct Answer -Strategic or tactical or both
What is strategic market research?
- Correct Answer -Conducted continuously throughout the
acquisition process. Enables acquisition, engineering, program
management and other personnel to stay informed about overall
market development, trends and capabilities
What is tactical market research?
- Correct Answer -Conducted at specific points during the
acquisition process. Design to provide a deeper understanding of
the market and answer specific questions about capabilities,
products or services available in market
,What are benefits of using market research?
- Correct Answer -Understanding alternative solutions of airborne
marketplace, Gaining insight into potential price expectations,
developing a better description of agency needs that "speak"
industry, provide more competitive environment, and
understanding industry, and practice in terms and conditions
Market research can be both strategic and tactical. True or false
- Correct Answer -True
The extent of market research jewelry, depending on search
factors as urgency, estimated dollar value, complexity, and past
experience. True or false
- Correct Answer -True
Generally, unless an exception applies or is otherwise expressly
authorized by statute, CO shall promote and provide full and open
competition in solicitations offers and awarding Government
contracts. True or False
- Correct Answer -True
, The competitive procedures available for use in fulfilling the
requirement for fill and open competition are?
- Correct Answer --Sealed Bids
-Competitive proposals
-Combination of competitive procedures
-Other competitive procedures
Agencies may exclude a particular sores from my contact action
in order to establish or maintain an alternate source or sources.
These include what?
- Correct Answer --Establishing or maintaining alternate sources
-set aside for small business concerns
-section 8 a competition
-set asides for hub zone small business concerns
-Set aside for economically disadvantage women owned small
businesses concerns or women on small business concerns
eligible under the WOSB program
-set aside for local firms during a major disaster or emergency
and Answers Rated A+ | 2024/2025
Market research is the process used to determine?
- Correct Answer -If industry can support the acquisition need of
the government
When is market research required for all federal government
contract requirements?
- Correct Answer -When they exceed the SAT and for certain
requirements below SAT when adequate information is not
available in circumstances justify the cost
Market research is conducted to determine if commercial
products/services or non-developmental items are available to
meet government needs or can be modified. True or false
- Correct Answer -True
,The CO may use market research conducted within ___ months
before the word of any task or delivery order if the information is
still current, accurate, and relevant
- Correct Answer -18
What are the different types of market research?
- Correct Answer -Strategic or tactical or both
What is strategic market research?
- Correct Answer -Conducted continuously throughout the
acquisition process. Enables acquisition, engineering, program
management and other personnel to stay informed about overall
market development, trends and capabilities
What is tactical market research?
- Correct Answer -Conducted at specific points during the
acquisition process. Design to provide a deeper understanding of
the market and answer specific questions about capabilities,
products or services available in market
,What are benefits of using market research?
- Correct Answer -Understanding alternative solutions of airborne
marketplace, Gaining insight into potential price expectations,
developing a better description of agency needs that "speak"
industry, provide more competitive environment, and
understanding industry, and practice in terms and conditions
Market research can be both strategic and tactical. True or false
- Correct Answer -True
The extent of market research jewelry, depending on search
factors as urgency, estimated dollar value, complexity, and past
experience. True or false
- Correct Answer -True
Generally, unless an exception applies or is otherwise expressly
authorized by statute, CO shall promote and provide full and open
competition in solicitations offers and awarding Government
contracts. True or False
- Correct Answer -True
, The competitive procedures available for use in fulfilling the
requirement for fill and open competition are?
- Correct Answer --Sealed Bids
-Competitive proposals
-Combination of competitive procedures
-Other competitive procedures
Agencies may exclude a particular sores from my contact action
in order to establish or maintain an alternate source or sources.
These include what?
- Correct Answer --Establishing or maintaining alternate sources
-set aside for small business concerns
-section 8 a competition
-set asides for hub zone small business concerns
-Set aside for economically disadvantage women owned small
businesses concerns or women on small business concerns
eligible under the WOSB program
-set aside for local firms during a major disaster or emergency
