Week 4

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School

Western Governors University *

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Course

2230

Subject

Management

Date

Jan 9, 2024

Type

docx

Pages

3

Uploaded by ChiefBraveryWolf31

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1. 2. Week 4 3. Week 4 Quiz PreviousNext Menu Quiz Week 4 Quiz Submit your assignment Due January 28, 11:59 PM CSTJan 28, 11:59 PM CST Try again Receive grade To Pass 60% or higher Your grade 100% View Feedback We keep your highest score Like Dislike Report an issue Chat with us Back Week 4 Quiz Graded Quiz. • 30 min English DueJan 28, 11:59 PM CST Congratulations! You passed! Grade received 100% Latest Submission Grade 100% To pass 60% or higher Go to next item 1. Question 1 What is two main criteria to classify the small business by US SBA?
1 / 1 point Revenue Asset and income Revenue and number of employees Number of Employee and executive Correct US SBA uses three-year average revenue and number of employee when it comes to defined the small business. NAICS (North American Industry Classification System) will be used to determine the type applicable industry. 2. Question 2 Which one is not the benefit of being a Prime Contractor for US Federal Procurement business? 1 / 1 point Management control Management plan Financial benefit Operational liability risk Correct Operational liability risk is not the benefit but the risk of being Prime Contractor. 3. Question 3 What is IDIQ? 1 / 1 point Indefinite Data and Indefinite Quality Indefinite Delivery and Indefinite Quantity Indefinite Delivery and Indefinite Quality Indefinite Delivery and Indefinite Data Correct IDIQ is a special contract used by US Federal Government Procurement. 4. Question 4 What is GSA MAS contract? 1 / 1 point Multiple Award Schedule Multiple Army Schedule Multiple Army School Mass Award Schedule Correct 5. Question 5 In order for your company to participate GSA MAS contract, what type of agreement your country need to have with the US Federal Government? 1 / 1 point Trade Agreement Act Buy American Act Berry Amendment Free Trade Agreement Correct Only country entered with Trade agreement Act with the US Federal Government applicable to apply for GSA MAS online trading platform. 6. Question 6
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