CLC 004 -Market Research Study Guide Test.
Which three of the following choices represent primary reasons for performing market research? - CORRECT ANSWER - Obtain data that provides information to support the development of acquisition requirements and strategies.
- Satisfy federal mandate...
CLC 004 -Market Research Study Guide Test.
Which three of the following choices represent primary reasons for performing market research? - CORRECT ANSWER - Obtain data that provides information to support the development of acquisition requirements and strategies.
- Satisfy federal mandates for assessing the commercial marketplace.
- Investigate way to restrict the requirements definition. X
- Define and document support strategies and plans.
What best describes strategic market research? - CORRECT ANSWER A process for developing and sustaining a knowledge base of relevant products, services, and technologies.
The following type of information is LEAST useful for evaluating the range of products that may meet your requirement: - CORRECT ANSWER A supplier's evaluation of the capabilities of his/her competitors.
Which of the following three choices are true regarding documentation of your market research? - CORRECT ANSWER - You results should be thoroughly documented so that you can have a ready source of information for follow-on and related procurements.
-Market researchers from other government organizations may contact you for information if they are working a similar requirement for their agencies. - The documentations may assist acquisition professionals who may follow in your footsteps and who will need a trail of documentation to assist them with their own market research efforts.
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