Which of the Following Statements About the Government Business Market

question 4

Multiple Choice

Which of the following statements about the government business market is CORRECT?

• A) Only large vendors with annual sales of more than $20 million are authorized to sell to the federal government;small vendors are restricted to the state and local government market.
• B) The Office of Management and Budget is the federal agency that contracts for all the U.S.government's buying requirements.
• C) Selling to states,counties,and cities can be less frustrating for both small and large vendors than selling to the federal government.
• D) The president of the United States must personally authorize all federal government purchases.
• E) Contracts for government purchases are rarely put out for bid.

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Definitions:

Stranger Rapes

Sexual assaults committed by individuals who do not know the victim prior to the act.

Actual Violence

Real, physical acts of aggression or harm inflicted upon a person or group.

Gang Rape

A criminal act in which multiple individuals sexually assault a single victim, often simultaneously or in succession.

Social Need

Essential requirements for the well-being and functioning of a society, such as education, healthcare, and housing.