_____ Applications Support the Purchase of Materials and Services from Private

question 45

Short Answer

_____ applications support the purchase of materials and services from private industry by government procurement offices,enable firms to bid on government contracts,and help businesses identify government contracts on which they may bid.

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Definitions:

Significant Policy Decisions

Major determinations made by organizations or governments that significantly influence their strategic direction and operations.

Appointing Officers

The act of designating individuals to hold specific positions or offices within an organization or institution.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with dividends that are paid out before those of common stockholders.

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.