The Federal Government Often Uses ____ Pricing When It Grants

question 42

Multiple Choice

The federal government often uses ____ pricing when it grants defense contracts.

• A) markup
• B) differential
• C) breakeven
• D) cost-plus
• E) competition-based

---

Definitions:

Sales Value

The total revenue generated through the sale of goods or services, representing an important metric for business success.

Set Standard

The establishment of specific criteria or benchmarks that must be met for the performance of tasks or quality of products.

Team Award

A team award is a recognition given to a group of individuals for their collaborative efforts in achieving a specific goal or completing a project.

Profit-Sharing Incentive

A compensation strategy where employees receive a share of the company's profits, motivating them to contribute to its success.