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