Industry Orientation Exam, Questions With Answers

Document Content and Description Below

Industry Orientation Exam, Questions With Answers.Here is your test result.The dots represent the choices you have made. The highlighted questions are the questions you have missed. Remediation Acce... ssed shows whether you accessed those links.'N' represents links not visited and 'Y' represents visited links. Back to Status page contains 5 Questions 1) The Government tends to change shape slowly, while industry is more agile in making structural change to gain efficiency or better align with current work. [Identify the differences in business/market strategies, priorities, and processes between DoD large (first tier), medium (second tier), and small business.] True False 2) In which of the following ways do commercial companies operate differently than DoD companies? [Identify the differences in business operations and strategies between companies focused on weapons systems, commercial products, and Information Technology (IT).] All of the answers are correct. Produce products for the general market and are not reliant on DoD for business Take more risk in product development than DoD companies Not required to comply with Government cost accounting standards 3) Which of the following statements about public companies is true? [Recognize the impact to DoD regarding the differences between public and private companies.] Must produce annual reports and other documents that the IPT can read to gain knowledge of how corporate management decisions are made Are driven by cash flow Are not subject to the regulatory environment of the SEC or to statutory requirements Cannot raise investment funds by selling stock [Show More]

Last updated: 9 months ago

Preview 1 out of 2 pages