Workforce Exam || 100% no Error.
As a Small Business Professional, you maintain awareness of overall market developments that
relate to the products and services your agency typically acquires and continuously update a local
database of potential small businesses. What type of market is this? correct answers -NOT-
Forecasting
-NOT- Tactical
Which market research method is used to advertise that the Government is looking to locate
potential small business sources for an agency identified requirement? correct answers Sources
Sought Notice announcement
Go to the Census Bureau North American Industry Classification System (NAICS)
page...NAICS code for Translation Services. correct answers 541930
Which member of the acquisition team is responsible for forming the acquisition team and
leading the team through the Presolicitation phase for an acquisition? correct answers Program
Manager
What tasks might a Contracting Officer Representative (COR) perform during the Post Award
phase of acquisition? correct answers NOT Participating in source selection
Which system would you use to review a prime contractor's current or past performance on
contracts for source selection purposes? correct answers Past Performance Information Retrieval
System (PPIRS)
How do small businesses support the Office of Small Business Programs (OSBP) in meeting its
strategic Department of Defense (DoD) initiatives? correct answers By being efficient
&
By being innovative
, A large business tells you that they have heard they can get a 5% rebate for subcontracts to
certain types of businesses. What program are they referring? correct answers Indian Incentive
Program (IPP)
What can the results of market research help the acquisition team do? correct answers NOT
Determine which offeror is the best
What should an effective Small Business Professional demonstrate in fulfilling their role as a
trusted business advisor? correct answers NOT Lack of understanding of the business
environment - both large and small businesses
When an Interim Rule is issued, what effect does it have on an acquisition? correct answers It
has the force and effect of a FAR requirement and must be followed as written
&
When applicable, the Interim Rule impacts the acquisition immediately beginning with the
effective date listed in the Federal Register Notice
Legislation that impacts regulations and policy are generated by whom? correct answers
Congress
What legislation often includes provisions that specifically impact the Small Business Act and
the Department of Defense (DoD) Small Business Programs? correct answers National Defense
Authorization Act (NDAA)
Market research for a road construction acquisition has identified two firms that are small
disadvantaged businesses and participants in a business development program. Which
socioeconomic program category are they in? correct answers 8(a) Business Development
Sharon, the Contracting Officer, sends you a DD Form 2579 and asks you to review...do you
need in order to conduct a proper review? correct answers -NOT- NOT Solicitation