Question: Is there an “ideal” number of factors in the Evaluation process? Should factors be limited to a small number or a larger number of factors? Explain. Other than cost/price, list three factors (and/or subfactors) that you would include and explain your rationale for choosing those factors.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 4MC: Which of the following is not one of the five steps in decision-making process? A. identify...
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Topic: FAR Part 15, Contract by Negotiation…Evaluation Factors.

 

Question: Is there an “ideal” number of factors in the Evaluation process? Should factors be limited to a small number or a larger number of factors? Explain. Other than cost/price, list three factors (and/or subfactors) that you would include and explain your rationale for choosing those factors.

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