This course introduces the acquisition and contracting business operation and its impact on the American economy. Significant areas covered are the interdependence of functional team members, the importance of the oversight roles of the General Accounting Office (GAO), and the Defense Inspector General (DODIG). Also, it describes commercial acquisition and government-unique requirements of market research in identifying the best business arrangements to meet mission requirements, explain e-business and information technology in supporting business processes, and distinguishes among the current Government acquisition initiatives and new policies.