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Determine the benefit that the simplified acquisitions methods provide to the small-business owner. Analyze
how the federal government has created this process and what form of support the federal government can
provide.
• 1. What is the simplified acquisition process (what does it mean)?
• 2. Why did the Federal Government create the simplified acquisition process?
• 3. What constraints (thresholds) does the simplified acquisition process have?
• 4. What types of procurement can use the simplified acquisition process?
• 5. What benefits does the simplified acquisition process provide to the Federal Government? What benefits
does it have for the small-business owner?
• 6. Provide an analysis on how the Government created the process and what form of support the Federal
Sample Solution
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