Cle 028 Market Research For Technical Personnel Exam Answered

The amount of time and money spent on market research should be related to factors such as the value of the acquisition, the complexity of the product or service, and the commercial potential describes which guiding principle of market research? a. Refine as you proceed b. Start early c. Tailor the investigation d. Repeat as Necessary {Ans: c. Tailor the investigation}In which of the following situation should market research not be considered: a. When the purpose and objectives for the study are unclear. b. When there is a clear understanding about the purpose and objectives of the study. c. When you have enough time to make a decision. d. When you embark on something different, such as new products. {Ans: a. When the purpose and objectives for the study are unclear.}Which of the following is acceptable for a Government Employee serving as an acquisition professional? a. Retaliate or discriminate against a contractor who files a protest or claim against the government b. Provide source selection information or proprietary proposal information to any contractor c. All of the answers are correct d. Serve in an unpaid capacity on contractor management councils, business process reengineering teams or similar entities