Competitive bids - Study guides, Class notes & Summaries

MBA MFT Study Guide Latest Update Graded A+ major segmentation variables (4) (1) geographic, (2) demographic, (3) psychographic, (4) behavioral penetrated market set of customers who are buying the company's product target market qualified available market the company decides to pursue available market set of consumers who have interest, income, and access to a particular offer potential market set of consumer with a sufficient level of interest in a market offer corporate...

Sole source, single source and emergency procurements are examples of: A. The best ways of procuring goods and services. B. Non-competitive methods of procuring goods and services. C. Unauthorized procurement methods. D. Procurement methods of questionable value. - B. Non-competitive methods of procuring goods and services. In preparing to write a specification or scope of work, we may want to consider one of two methods of gathering facts or details from potential vendors. We can invite ...

ABC Analysis - CORRECT ANSWER-The process of dividing SKUs into three classes, according to their dollar usage, so that managers can focus on items that have the highest dollar value. Additive Seasonal Method - CORRECT ANSWER-A method in which seasonal forecasts are generated by adding a constant to the estimate of average demand per season. Aggregation - CORRECT ANSWER-The act of clustering several similar services or products so that forecasts and plans can be made for whole families. ...

Uniform Contract Format (UCF) correct answersis a standardized structure used to facilitate the preparation of solicition and contracts the ucf is not required for correct answers1.Construction 2.Architect and engineering uilding, overhaul, and repair 4.Letter requests for proposals in accordance with FAR 15.203(e); 5.Contracts exempted by the Agency Head or designee; or 6. Acquisitions for supplies or services that require special contract forms that are inconsistent with the UCF whe...

CFCM Practice Test Questions and Answers Graded A+ - Latest Updated 2024/2025 (Solved) How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - answerEvery 5 years A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actionsi s defined as a - answer-determination and findings Contracting officers below the level of ___ shall be selected and appointed - an...

CIPS Tender Process - correct answer Determine style of tender Prepare invitation -include info so all bidders understand the need and send a suitable bid Send ITT using suitable platform Receive bids - any bids after deadline date should be disregarded. Evaluate the bids. Check they meet the required expectations, disregard bids that are incomplete or bids that are not the correct standard. Evaluate the bids against the criteria and score. Use a cross functional team so the process is fa...

CON 1100 UNIT 5 EXAM REVIEW Uniform Contract Format (UCF) - ANS-is a standardized structure used to facilitate the preparation of solicition and contracts the ucf is not required for - ANS-1.Construction 2.Architect and engineering uilding, overhaul, and repair 4.Letter requests for proposals in accordance with FAR 15.203(e); 5.Contracts exempted by the Agency Head or designee; or 6. Acquisitions for supplies or services that require special contract forms that are inconsistent with the...

Competitive Bids - The competitive bid process requires that two or more repairers submit competitive estimates or "bids" for a specific repair job. The amount of the low, complete bid is generally considered to be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner selects the facility that will perform repairs. PCPs - State Farm uses a continuous survey that gives repairers the opportunity to provide information online. The repairer infor...

Cost Control Purchasing Exam 1 Questions & Answers 2024/2025 e-commerce - ANSWERStransactions done online purchasing - ANSWERSpaying for a product or service co-op buying - ANSWERSthe banding together of several small operators to consolidate and enhance their buying power central distribution center - ANSWERSa large warehouse owned by a multiunit hospitality company that orders merchandise directly from primary sources, takes delivery, stocks the merchandise, and then delivers it ...

SCM 379 Final Exam | Verified with 100% Correct Answers Organizations operating under a just-in-time system, prefer to ship by: A) rail. B) same day air. C) truck. D) next-day air. E) intermodal carriers. Fuel efficiency and energy consumption considerations: A)are a factor in transportation strategy development in many organizations. B)have no impact on transportation strategy in most organizations. C)encourage shippers to focus on increasing LTL shipments. D)lead to disintermediation in the...